> US July federal budget deficit $221.0 billion vs -109.3 billion expected

US July federal budget deficit $221.0 billion vs -109.3 billion expected

Last July's deficit was $228.0 billion

Adam Button

Thursday, 10/08/2023 | 18:00 GMT

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US monthly deficits

Last July was $228.0 billion
June deficit was $240 billion

If you're wondering why yields are higher today and why Moody's downgraded the US, these numbers are certainly part of the equation.

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