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Twenty year Treasury bonds auction "disappointing."

The interest rate is out above 5%.. And most Americans dont have a clue what this means. It means that investors want a higher interest rate, because the $US isnt a AAA investment any more. It means that more of the governments tax take for the next 20 years is going to cover the interest on money they are borrowing today.. Like the Billion dollars plus to refit that "Free" plane trump just got that will be his after he leaves office.. Just add it to the almost $40 Trillion already owed. Good luck with that one Suckers! The Chinese are going to buy the whole place for cents on the dollar, like some celebrities buy towns or sports teams..😷
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Pisciatto1 · 26-30, M