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Bill issuance is rising, and so too is Treasury's reliance on bills for funding. This increases rollover risk, which necessitates a larger TGA buffer. Leaning more heavily on short-term bill issuance and simultaneously reducing cash on hand to mitigate rollover risk would seem to be a counter-intuitive and dicey proposition.Tariff tremorsTalking of firepower, U.S. President Donald Trump has loaded up the tariff guns again, and is turning them on an ally, neighbor, and key trading partner Canada. 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Stocks Close: Dow Rises 140 Points, SOX Drops 2.7%; AI Hardware Stocks Sold Off, Memory Stocks Lead Declines; Micron Falls Over 5%","url":"https://stock-news.laohu8.com/highlight/detail?id=2662777206","media":"TradingKey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2662777206?lang=en_us&edition=fundamental","pubTime":"2026-08-25 04:11","pubTimestamp":1787602298,"startTime":"0","endTime":"0","summary":"The US Treasury may use $950 billion from its Treasury General Account (TGA) to support US Treasury buybacks, easing US bond yields from their highs. However, Donald Trump's warning to raise tariffs on Canadian automobiles to 50% dampened market trading sentiment. The three major US stock indices ended mixed, as AI hardware stocks faced a sell-off and memory chip stocks led the declines. At the close, the Dow Jones Industrial Average rose 0.26% to 53,417.16; the Nasdaq Composite Index fell 0.76% to 25,980.19; and the S&P 500 Index slipped 0.28% to 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