The U.S. Treasury borrowed $1.01 trillion in net market debt from private market borrowers from July through September 2023. This was reported by RIA Newsciting departmental reports.
According to estimates by the United States Treasury, from October to December this year, the United States will borrow $776 billion from private borrowers and another $816 billion from January to March 2024.
On October 10, it was reported that the US national debt had increased. augmented It has increased by $500 billion in less than a month since reaching an all-time high of $33 trillion. At the time, the total size of the US national debt was estimated at $33.5 trillion, according to the US Treasury.
Fed initiatives close Inflation led to the collapse of the country’s government debt market.
The Wall Street Journal in early October reportedA sharp rise in long-term interest rates to a 16-year high threatens hopes for a “soft landing” for the US economy.
previously economist named The USA is a bankrupt vulture.