by RedditIsOwendByTheWS
The government now lives from month to month. soon it will be from week to week. Then from day to day. and finally from hour to hour.
Source : Traders Brace for $102 Billion Wave of Treasury Bond Sales – Bloomberg
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The US national debt has increased by $1.8 trillion since the “debt ceiling crisis”. They did it in less than 2 months. At this rate, in 3 months, the debt will be 4 trillion. US Treasury is issuing $102B of long-duration bonds in the upcoming weeks.
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