Treasury to Add $1.5 Trillion in Debt by Year-End

To set the scene for what’s to come in a moment: The total US national debt spiked by $1.19 trillion since the debt ceiling was lifted, to $32.66 trillion.

Poster Comment:

SEE CHART. Problem is that the yen carry traded just ended and Biden wants to declare war on China. Who will buy his junk rated bonds?