According to Wu Talk, as reported by The Kobeissi Letter, the U.S. Treasury has issued approximately $25.4 trillion in Treasury Bills (T-Bills) over the past 12 months, bringing the total issuance to $36.6 trillion. The proportion of short-term debt has risen to 69.4%, nearing historic highs. It points out that the U.S. is using short-term debt maturing in 'a few months' to roll over long-term obligations, causing public debt interest to almost move in sync with the federal funds rate. If inflation surges again and the Fed is forced to raise rates further, interest costs will climb to unprecedented levels, exacerbating the U.S. debt crisis. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=53208