- Federal borrowing nearly doubled during the presidency of Barack Obama, and it has continued to rise under President Trump.
- According to the U.S Treasury, the national debt exceeded $21T for the first time this week, a little more than six months after it reached $20T on Sept. 8.
- It comes after Congress and Trump passed a debt-limit suspension in February, allowing unlimited borrowing until March 1, 2019.
- ETFs: TLT, TBT, TIP, TMV, IEF, RINF, SHY, TBF, EDV, TMF, VTIP, TTT, ZROZ, PST, SCHP, MBB, VGLT, IEI, TLH, BKT, PLW, BIL, VMBS, VGSH, VGIT, UST, UBT, DTYS, GOVT, TYO, SHV, STIP, SPTL, GNMA, SCHO, IPE, GSY, DLBS, SCHR, STPZ, LTPZ, VUSTX, TIPZ, STPP, FLAT, TBX, TYD, SPTS, ITE, DTYL, EGF, TYBS, MBG, AGZ, DLBL, RISE, TAPR, DTUS, FTT, TFLO, TIPX, TDTF, TDTT, DTUL, TUZ, USFR, FIBR, GBIL, HYDD, DFVL, TYNS, DFVS, CLTL, PBTP, USTB
- Now read: Bond Market Dilemma: Who Is Right, Inflation Hawks Or Inflation Doves?
Original article