Yesterday, the US government tried to borrow $24 billion by selling a bunch of 30 year debt.
It was a huge disaster. In order to get enough people to buy, the rate had to dramatically increase. Even then, then primary dealers had to buy 25% of the debt. The primary dealer areā¦ pic.twitter.com/3gbAoAUPdx
— Wall Street Silver (@WallStreetSilv) November 10, 2023
I’ll gladly pay you Tuesday
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