You’re confusing trade deficits with budget deficits. These are not the same thing. Bond sales pay for budget deficits. They have no bearing (heh) whatsoever on

You’re confusing trade deficits with budget deficits. These are not the same thing. Bond sales pay for budget deficits. They have no bearing (heh) whatsoever on trade deficits. You can end a budget deficit by simply not spending as much from the public purse. You cannot end a trade deficit without restricting freedom of trade.