Explain to me how this is self sustainable!!!!!????? Also there needs to be a correction in this article. Government earnings. The Government does not earn money. The government collects tax’s on people’s earnings.!!!!!!

Financial statement from the US Treasury. Posted by Seeking Alpha!!

It's not sustainable. The fact is no fiat currency has ever survived. They all fail. It's just a matter of when.

Correct. Not sustainable. Start cutting!

The government borrowed a lot of money when it was free. Now it is not free.

hopefully you wantt spending cut. cutting the rates will bring inflation back up. Cutting unless spending pass a budget instead of the short term stop gaps. If they don't they need removed

My point exactly. Not sustainable at all. IMHO. We are at a turning point in our country financially!!!!!

But it's the Fed's fault for raising rates.

Might it not have made more sense if the US treasury had sold more and longer term debt when interest rates were 0--.25% ?

I recall a few years back that Japan started selling 100 year fixed rate bonds that pay almost nothing.

Nah, we'll just print more money to pay our debt...right? Lol

Chapter 9 and chapter 11 and they will be solvent in no time. If any creditors get left hanging that is just their tough luck.

"Long bonds have drawn global attention as countries try to use super-low rates to lock in debt. Some European countries have sold 100-year bonds, a move Treasury Secretary Steven Mnuchin said the United States could also consider.
Japan, too, has fans of long bonds among politicians eager to boost spending.
BOJ Governor Kuroda caused a stir by saying this month that if the government were to issue 50-year bonds, it would help prevent excessive declines in super-long yields.
Finance Minister Taro Aso said days later that Japan may consider issuing such bonds.
Liquidity for 40-year government bonds - the longest maturity sold in Japan - remains low, making up just 2.4% of the outstanding balance of Japan's government bond market."

This was 2019 Reuters.

And then there is this.


"BOJ owns more than 100% of four 10-year bond issues, books show"

The BOJ would probably just print money to buy them anyway.

Thanks Dirt !! I had Japan confused with some Euro-trash country ))) They all look alike ya know

Dou itashimashite! ( You Are Welcome! ) Or as we used to say it " Don't touch the Mustache!"

LOL !!!

Offering for sale is one thing finding a willing buyer is another, who in their right mind buys a ten year more bond and receive low rates?

If the government required funds to mark their long-term bonds to market, a lot of funds would be in trouble ala SVB

Whose going to balance the budget Wayne. The last time it was close we had a Democrat president Republican speaker of the house and line item veto.

Exactly right Steven. And that brings up the current battle between the Fed and US Treasury. Each trying to do the opposite thing. Probably not a hot topic of conversation outside of bond geeks at the water cooler

White would know. Those low interest bonds don't sell at face value, do they?

Steve: There was no line item veto.

Those low yield bonds would have sold close to face value and in some cases MORE than face. Recall when Japan (I hope I remember correctly this time) had negative interest rates as did some of Europe,

From whom does the government keep borrowing money from, and why?!