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Tuesday, October 30, 2018

US Government Plans to Borrow Another $425 Billion in the Last Quarter of 2018

The US Treasury plans to borrow another $425 billion in the final quarter of 2018, bringing total borrowing for the year to $1.34 trillion, according to a Treasury Department press release. The 2018 borrowing level is expected to more than double 2017’s number. These numbers represent the Treasury’s estimates of “privately-held net marketable borrowing” — essentially […]

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