Concerning: U.S. Issues Trillions in Short-Term Debt Amid Hopes for Falling Rates

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As the U.S. Treasury continues to issue trillions of dollars in new debt with relatively short maturities, there is a growing sense of unease. The strategy relies on the hope that interest rates will come down when this debt is ready to be rolled over, but if rates go up instead, it could lead to an explosive increase in interest payments.

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