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Here’s why some bond traders care so much about the US government’s budget deficit

Summary by Ground News
The national debt currently stands at more than $33 trillion, according to the Treasury Department. Some bond traders are joining politicians in decrying the government's ever-growing financial obligation. Bond vigilantes believe that the US government is supplying too much public debt, through the issuance of bonds, than investors are willing to absorb.

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KIFI broke the news in Idaho Falls, United States on Sunday, December 3, 2023.
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