One more stop-gap. One more band-aid. One more debt contract as the 10 year and 30 year are filled to gills. Meanwhile, sadly, the underlying problem and those dependent on it grow.
The Treasury Department is issuing a 20-year bond for the first time in 34 years to help pay for the ballooning $1 trillion dollar budget deficit.
Source: Treasury brings back the 20-year bond to pay for the ballooning deficit
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