On Wednesday, the Treasury Department's decision to double its purchases of longer-dated bonds sent yields lower and gave stocks some breathing room.
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WorldPingUS debt tops $40 trillion - $20 trillion since Trump first took office — full report at Times of India.
Brief by WorldPing · Original reporting by Times of India
The amount has doubled in the last decade, from Trump's first term through the Biden administration.
Brief by WorldPing · Original reporting by Al Jazeera
U.S. government debt passes $40 trillion, more than doubling in a decade — full report at CNBC World.
Brief by WorldPing · Original reporting by CNBC World
WorldPingThe US gross national debt surpassed $40 trillion for the first time, Treasury data showed on Wednesday, exceeding earlier forecasts as borrowing, interest costs and long-term obligations rose. Total public debt reached $40.
Brief by WorldPing · Original reporting by France 24
WorldPingThe milestone figure was recorded just five months after the U.S. hit a record $39 trillion debt in March.It reached $38 trillion five months before that, in October…
Brief by WorldPing · Original reporting by The Hindu
WorldPingThe federal debt reached $40 trillion as the government adds red ink at a rapid rate. That's leading nervous investors to demand higher interest rates — pushing up borrowing costs for everyone else.
Brief by WorldPing · Original reporting by NPR Top
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