Article by Wolf Richter in Wolf Street
To set the scene for what’s to come in a moment: The total US national debt spiked by $1.19 trillion since the debt ceiling was lifted, to $32.66 trillion.
And to set the scene further: This $32.66 trillion of debt is composed of two groups of Treasury securities:
Marketable securities outstanding have spiked by $1.05 trillion since the debt ceiling was lifted on June 2, a huge …..
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