BREAKING: Nearly $3 trillion in U.S. debt is expected to come due, on top of a massive Treasury issuance, as the U.S. tries to finance a nearly $2 trillion budget deficit in 2025.

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Yellen issued short duration to ensure stability in the bond market. Who would want long duration with rampant inflation.

Side Bonus: sticks incoming gov’t with an even bigger problem.

I love how this is phrased "finance a $2 Trillion budget deficit"