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US Treasury Department to buy back more longer-term bonds

The US Treasury Department said on Wednesday that it will buy back more of its longer-term bonds, in an effort to curb a sharp increase in borrowing costs, the Wall Street Journal reported.US Treasury announced that it would at least double the maximum size of its liquidity-support buyback operations for…

The U.S. national debt crossed another historic milestone on Wednesday as it topped $40 trillion for the first time in history amid persistent federal budget deficits that are causing the debt to soar higher. Data from the Treasury Department released on Wednesday showed that the gross national debt reached $40,047,425,768,420.22 as of Aug. 18.The $40 trillion milestone comes after the federal government’s debt burden crossed the $39 trillion threshold about five months ago in March,…

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The American dream of owning a home may be getting harder to achieve in some of the country’s biggest cities, but new data suggests it remains alive and well in parts of Texas and the Sun Belt. According to WalletHub’s 2026 Best Real Estate Markets report released Wednesday, Frisco, Texas,…

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