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Strong Demand Boosts Confidence in Latest 10-Year Bond Auction

Strong Demand Boosts Confidence in Latest 10-Year Bond Auction  After a somewhat average result in the previous day's sale of shorter-term government debt, attention turned to the next offering with a sense of cautious optimism. The Treasury Department was set to offer a large amount of medium-term bonds, and market participants were watching ...

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Rising US Debt Crisis : How Reckless Borrowing Threatens Stability

Rising US Debt Crisis: How Reckless Borrowing Threatens Stability  Today, the U.S. federal debt has skyrocketed to $35.3 trillion, with a staggering increase of $1.9 trillion in just under a year—despite a period of strong economic growth and record tax revenues. The Treasury projects an additional $16 trillion in debt by 2034 if current polic...

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