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POSTED ON May 17, 2024  - POSTED IN Original Analysis

The US national debt is so out of control that, ironically enough, even the Federal Reserve chair has expressed concern about the problem. And while America is among the top contributors, it isn’t just the US that’s spending money it doesn’t have: after briefly declining in 2023, the global debt-to-GDP ratio is again at an all-time high.

POSTED ON February 8, 2023  - POSTED IN Exploring Finance

Despite hitting the debt ceiling, the US Treasury managed to add $35 billion in new debt during January.

The Treasury has employed extraordinary measures, including exchanging Non-Marketable (e.g., Government employee retirement funds) and other forms of debt for short-term Bills. The balance on Bills grew by $241 billion which was the largest single-month growth since at least January 2021.

POSTED ON January 8, 2023  - POSTED IN Exploring Finance

The US government has once again run up against the debt ceiling. Meanwhile, interest payments on the debt keep growing.

The Treasury only added $6B of debt in December, allowing short-term debt to mature and replacing it with longer-term debt. This makes sense as long-term rates are below short-term rates with the inverted yield curve.

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