The government now spends more on interest than on the military
by Ellsworth Toohey from Boing Boing on (#77P93)
The US Treasury sold $25 billion of 30-year bonds at a 5.22 percent yield, the most it has paid to borrow that far out since 2001, reports the Financial Times.
That's up from 5.06 percent at July's sale, and 4.91 percent just before Trump's second term began. - Read the rest
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