The amount of treasury bonds issued by the U.S. Treasury Department,
1. Since 2020, the issuance of U.S. treasury bonds has surged, almost reaching a wartime state
2. Since 2023, a large number of high-interest one-year short-term bonds have been issued to replace a large number of maturing low-absorbed ten-year long-term treasury bonds. This means that the Federal Reserve must cut interest rates as soon as possible, otherwise the new maturity replacement will cost the U.S. Treasury Department its life
3. The huge amount of government debt issuance is the fundamental reason for the continued high fever of this round of inflation in the United States
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