Jeff Gundlach predicted during his DoubleLine call yesterday that "the U.S. national debt likely to grow to $30 trillion in two or three years as spending explodes in response to the crisis", which means about $3-4 trillion in net issuance per year.
https://www.zerohedge.com/markets/something-about-crazy-treasury-move-nobody-can-explain
I would like another source for this, but if he said this, he could be right. It seems like everyone is giving up on the economy due to the pandemic and just expecting the government to give them free money.
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