[The U.S. Treasury Department raised its third-quarter financing forecast to $739 billion] On November 3, the U.S. Treasury Department raised its bond issuance financing forecast from July to September to $739 billion. The U.S. Treasury Department estimates that the net financing of marketable Treasury bonds for the private sector from July to September 2026 will be US$739 billion, assuming that the cash balance at the end of September is US$950 billion. The financing estimate is raised by $68 billion from the May forecast, mainly due to lower net cash inflow expectations. Excluding a higher-than-expected opening cash balance, the financing estimate is $87 billion higher than the May forecast. The U.S. Treasury Department estimates that the financing scale from October to December 2026 will be US$628 billion, assuming that the cash balance at the end of December will be US$850 billion. From April to June 2026, the U.S. Treasury Department actually financed US$190 billion, compared with the previous estimate of US$189 billion. The U.S. Treasury Department's cash balance at the end of June was US$919 billion, higher than expectations of US$900 billion.