Re:Nobody wants U.S. Treasury bonds
by jamesTee49 on Friday December 01, 2023 @08:59AM
(#38486706)
Fed collects interest and give it free back to US government. At this point, Fed is hoarding a lot of US debts to maintain liquidity and keeping interest from spiking up. Joe prints $, Fed buys up the debts without question.
We did not have this big of an interest payment 10 years ago.