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Economy

“China holdings of U.S. debt fall below $1 trillion for the first time since 2010”

“China’s holdings of U.S. debt have fallen below $1 trillion for the first time in 12 years amid rising interest rates that have made Treasurys potentially less attractive. Continuing a trend that began early in 2021, China’s portfolio of U.S.… Continue Reading…

Banking, Economy

“Decade of Debt: Federal Debt Up More Than $10 Trillion in 2010s”

“The federal debt increased by a record $10,796,419,662,320 in the decade that is coming to a close today, according to data published by the U.S. Treasury. This was the first decade in the history of the nation when increases in the federal… Continue Reading…