The news of no one wanting to lend to the US government is shocking and concerning. Even Japan and Saudi Arabia, the two countries usually the primary buyers of US debt, have decided not to participate in the auction of 30-year bonds recently, even though the interest rate exceeded the 5% threshold.
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Generation Z and Millennials are facing a unique financial challenge. With rising inflation rates, economic uncertainty, and a volatile stock market, it is becoming increasingly difficult for them to save for retirement.
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