Bloomberg Television
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Financing Government Debt is Getting Very Expensive
Posted
May 31, 2023
Views
2,944
Likes
49
Comments
10
Engagement
2.00%
May 31, 2023
2,944
49
10
2.00%
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1:08Now PlayingElevated interest rates have triggered a surge in the cost of financing the US government debt. Interest expenses for the US federal budget in 2019 were $885 billion pandemic stimulus spending catapulted that figure above $1.2 trillion. An era of highly constrained fiscal policy may be imminent. Presented by @cmegroup
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