The US Treasury General Account Is Still Around 500 Billion US Dollars

The US treasury general account is still around 500 billion US dollars. The lack of stimulus last year means that the amount, average amount of refunds available to each and every household is not as large as it has usually been. Let's see through March and April, we should expect at least some refunds to happen, which will allow the treasury general account to shrink in size. I ultimately expect this account to approach levels below $100 billion.