AI Data Insight
As of the third quarter of 2026 (July 3), the US Treasury General Account (TGA) balance significantly pulled back to $807.3 billion from the previous $901.8 billion. This decrease primarily reflects the expansion of routine government expenditures, such as social welfare and healthcare, at the beginning of the quarter, prompting nearly $100 billion in funds to flow back into the financial system. Against the backdrop of the reverse repo buffer pool bottoming out, this change has provided crucial breathing room for market reserves and short-term liquidity.