U.S. debt plunged 40%! 7.6 trillion US bonds are about to mature, and the worst thing in the United States has happened! The likelihood of the Fed continuing to raise rates in 2023 remains high, but the current situation

U.S. debt plunged 40%! 7.6 trillion US bonds are about to mature, and the worst thing in the United States has happened!

The probability of the Fed continuing to raise rates in 2023 remains high, but the current situation no longer allows it. The global economic and financial order is closely linked to the actions of the dollar, and every move of the Fed will affect the world. The United States is already at a high interest rate level, but its debt scale has reached $33.4 trillion, the interest that needs to be paid has reached $1.6 trillion, and the fiscal revenue cannot repay the debt, so it can only continue to issue U.S. bonds, which will lead to rising interest rates and aggravating fiscal deficits, falling into a vicious circle.