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U.S. Government Sets Record for Debt Auctions

Total sum to hit $2.55 trillion; share of debt purchased by investors was largest since auction data was made public

香蕉视频苹果下载The Treasury Department auctioned seven-year notes Thursday, closing the door on a record year for sales of longer-term debt in 2019.

香蕉视频苹果下载The auction lifted the total of notes and bonds sold by the U.S. government with maturities ranging from two to 30 years to $2.55 trillion, a 26% increase from 2017, when Congress and President Trump agreed to massive corporate tax cuts.