America faces a battle to find buyers for its bonds

Financial Times/Gillian Tett/2-7-2019

“Last week, Beth Hammack, a senior Goldman Sachs banker who chairs a US government advisory group known as the Treasury Bond Advisory Committee, dispatched a letter to Steven Mnuchin, Treasury secretary, with a bombshell at the bottom.”

USAGOLD note:  For those who may have missed it, this is an important Gillian Tett opinion piece I referenced at the top of “The $12 trillion federal debt bombshell” article– released yesterday.

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