Sign up to save your podcasts
Or
Share S1E77 - When Tax Day Tightens Before Treasury Spends Again
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
S1E77 - When Tax Day Tightens Before Treasury Spends Again
Michelle and Vox unpack a market pattern that hides in plain sight each spring: why the U.S. Treasury's cash account can drain liquidity before April 15, then refill quickly as tax payments arrive. Using the latest 2026 TGA and refund-season data, they explain how refunds, tax receipts, and Treasury cash management can move reserves and shape the tone of markets.
View all episodes
By VoxMichelle and Vox unpack a market pattern that hides in plain sight each spring: why the U.S. Treasury's cash account can drain liquidity before April 15, then refill quickly as tax payments arrive. Using the latest 2026 TGA and refund-season data, they explain how refunds, tax receipts, and Treasury cash management can move reserves and shape the tone of markets.