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re: Just in -- Treasury’s $24 billion 30-year bond auction goes poorly today

Posted on 11/9/23 at 1:48 pm to
Posted by Bass Tiger
Member since Oct 2014
46533 posts
Posted on 11/9/23 at 1:48 pm to
Doesn't make any sense why people aren't snapping up all the government bonds they can afford?

US is going to blast by $34 trillion debt by the end of the Q1 in 2024.
US debt service will blast through $1 trillion annually by the end of Q1 in 2024

People need to show their faith and belief in our federal government and buy as much debt as they can afford.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51884 posts
Posted on 11/9/23 at 3:04 pm to
quote:

US debt service will blast through $1 trillion annually by the end of Q1 in 2024


Where are you seeing this?
Posted by 4cubbies
Member since Sep 2008
50444 posts
Posted on 11/9/23 at 4:23 pm to
quote:

and buy as much debt as they can afford.
I think the problem is Americans don’t have extra money to invest after managing their own debt.
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