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I have seen totals as high as $10T! If rates go on rising, and if new SecTreas Bessent has his way in shifting issuance towards higher-yielding long rates, that debt assistance Expense and involved federal deficit is about to skyrocket. Bringing this whole circle, it's now pretty straightforward to https://financefeeds.com/liquidity-pressures-surface-despite-stable-capital-ratios-in-basel-iii-report/

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