Monthly Budget Statement: -166.8B

Actual-166.8B

Forecast-404.0B

Previous-432.0B

Surprise +6.78σ

VerdictABOVE FORECAST

ReadBonds neutral · Equities neutral

Monthly Budget Statement — Actual -166.8B, forecast -404.0B, prev -432.0B. Surprise: ABOVE FORECAST by 6.8 sigma. Desk read: Bonds neutral · Equities neutral.

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