2025年2月，预算赤字为3070亿美元，超过了去年同期2962亿美元的缺口。2月份的数据略高于市场预期的3032亿美元缺口。本月政府收入达到创纪录的2960亿美元，比上年增长9%。与此同时，支出也创下6030亿美元的新高，同比增长6%。2月份的支出增长主要是由于公共债务利息支付增加、儿童税收抵免支出扩大以及社会保障支出增加，部分原因是2025年生活成本调整2.5%。在调整了日历变化后，赤字为3110亿美元，比2024年2月增长了3%。今年迄今为止，政府收入增长2%，达到创纪录的1.893万亿美元，而支出激增13%，达到创记录的3.039万亿美元。

recorded a budget deficit of $307 billion in February 2025, surpassing the $296.2 billion shortfall from the same month a year earlier. February's figure slightly exceeded market expectations of a $303.2 billion gap. Government receipts reached a record $296 billion for the month, up 9% from the previous year. Meanwhile, expenditures also hit a new high of $603 billion, marking a 6% increase year-over-year. February's spending increase was primarily driven by higher interest payments on public debt, expanded Child Tax Credit disbursements, and increased Social Security payments, partly due to a 2.5% cost-of-living adjustment for 2025. After adjusting for calendar variations, the deficit stood at $311 billion, reflecting a 3% rise from February 2024. Year-to-date government revenue rose 2% to a record $1.893 trillion, while spending surged 13% to a record $3.039 trillion.

美国2月份的月度预算报告比预测（-3032亿美元）低-3070亿美元。美国2月份的月度预算报告比预测（-3032亿美元）低-3070亿美元

United States Monthly Budget Statement came in at $-307B below forecasts ($-303.2B) in February.United States Monthly Budget Statement came in at $-307B below forecasts ($-303.2B) in February

美国10年期国债拍卖从之前的4.632%降至4.31%。美国10年期国债拍卖从之前的4.632%降至4.31%

United States 10-Year Note Auction dipped from previous 4.632% to 4.31%.United States 10-Year Note Auction dipped from previous 4.632% to 4.31%

周三，美国股市的关键板块在本周早些时候出现大幅抛售后上涨，因为市场在美国总统特朗普不断变化的关税政策下重新考虑了对风险资产的偏好。标准普尔500指数和纳斯达克100指数分别上涨0.8%和1.5%。4月，美国对钢铁和铝征收25%的关税，并加大了报复性关税的力度。反过来，欧盟对价值260亿欧元的美国商品征收关税，加拿大在早些时候的处罚之外，对298亿美元加征关税。与此同时，2月份的CPI数据低于预期。尽管如此，消费者篮子各部分的对比发展引发了人们对凉爽数据是否会转化为较慢的个人消费支出价格指数的怀疑。科技股领涨，从最近的抛售中反弹，Nvidia、特斯拉和Palantir上涨超过6%。不过，防御性板块进一步下跌，使道琼斯指数持平。

Key sectors for US stocks swung upwards on Wednesday following the aggressive selloff from earlier this week as markets reconsidered their appetite for risk assets amid the continuously changing tariff policies by US President Trump. The S&P 500 and the Nasdaq 100 gained 0.8% and 1.5%, respectively. The US imposed 25% tariffs on steel and aluminum and ramped up the aggressive rhetoric on retaliatory tariffs on April. In turn, the EU responded with tariffs on €26 billion worth of US goods and Canada imposed added levies against $29.8 billion in addition to their earlier penalties. In the meantime, February's CPI print was softer than expected. Still, the contrasting developments within sections of the consumer basket raised skepticism on whether the cool data would translate to a slower PCE price index. Tech led the gains to bounce from their recent selloff, with Nvidia, Tesla, and Palantir adding more than 6%. Still, defensive sectors fell further, keeping the Dow flat.