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What are bonds, and why is everyone talking about them now?

The national debt is more than $40 trillion. Here’s what it means for the country and consumers.

US Plans Record $100 Billion Bill Sale As Borrowing Needs Mount
The U.S. Treasury in Washington.Al Drago / Bloomberg via Getty Images

On Wednesday, the U.S.’ total outstanding debt load surpassed $40 trillion. It’s an astonishing figure that is nevertheless set to continue to grow.

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Original source: https://www.nbcnews.com/business

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