https://www.cnbc.com/2025/03/12/ray-dalio-warns-growing-us-debt-will-lead-to-shocking-developments.html
At a 7% budget deficit, US has a high supply of Treasuries to sell to cover the gap. But the current administration's...*unorthodox* behavior will likely suppress demand for those Treasuries.
People on this sub have been talking about the current administration forcing a default, but what if their actions create a no-bid situation at an auction?