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The US government only borrows in the us dollars. It's not possible that they won't be able to pay it off. The yield increase is basically the market pricing i
by mono442 12d ago
The US government only borrows in the us dollars. It's not possible that they won't be able to pay it off.
The yield increase is basically the market pricing in the interest rate increases since they're expected now.
- immibis2 12d agoIt is not possible that they won't be able to pay it off, but it is possible they will not pay it off anyway, and it is also possible that they will repay it with useless scraps of green paper.