RSS SubscribeWho Bought and Holds the Recklessly Ballooning US National Debt, even as the Fed is Unloading its Treasury Securities?
By Wolf Richter for WOLF STREET
The US national debt keeps ballooning at an amazing rate and has now reached $36.16 trillion. These are Treasury securities that private and public entities in the US and foreign countries hold as interest-earning assets. The question is: Who holds this debt? Who bought it even as the Fed has been unloading its holdings? At the end of Q3, the time frame here, the total debt was $35.46 trillion.
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