Tag: short-term debt
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U.S. Debt Crisis Turns Desperate! RECORD $100B in T-Bills Issued in Panic
The U.S. has launched a historic $100 billion sale of four-week Treasury costs, the biggest short-term financial obligation issuance ever, signaling immediate borrowing requirements. This unprecedented move highlights the government's battle to manage a growing deficit, intensifying interest payments, and developing debt. Normally used for short-term cash flow, these bills at such scale suggest desperation,…