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US Set for Highest 30-Year Debt Interest Rate in Quarter Century

U. S.

set to pay most for 30 year debt in quarter of a century The United States is poised to issue bonds with the highest interest rate in nearly a quarter century, sparking concerns about a long term borrowing crisis that could have far reaching consequences for the economy and the nation's finances.

The Treasury Department plans to sell $25 billion worth of 30 year debt at an interest rate of around 5. 23%, a stark reminder of the country's growing debt burden.

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