US announces third straight record quarter of borrowing

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US announces third straight record quarter of borrowing

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03 November 2020, US, Washington: The building of the US Treasury Department can be seen behind the fence that provides extensive security for the White House on the day of the presidential election. Photo: Andrej Sokolow/dpa | Andrej Sokolow/DPA/PA Images

The US Treasury has announced its intention to borrow $122bn over the next three months, marking the third time in a row that it has announced record borrowing volumes.

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