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Re:As U.S. Debt Hits a Worrying Milestone, Washington Barely... by cosmicgadget on Friday May 08, 2026 @02:11AM (#48059258)
Couldn't the treasury very literally decide not to pay bond coupon or not return capital? Isn't that why the US treasury has long been considered the safest of investments?

Or is this some terminology lawyering that default is a legal term that doesn't apply to a sovereign?

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