When an institution wants to borrow money, instead of taking out a loan from a bank, it can sell bonds to investors. A bond is a type of debt for…
bills is greater than the debt ceiling amount. When this is the case, the US government needs the debt ceiling to be increased so the US government can borrow more…
…or paying federal employee wages, it can sell US Treasury bonds to investors. US Treasury bonds are a form of debt for the US Government. Because when it sells you…
…they need money to pay for projects or expenses, such as fixing roads, building a new school or paying city employees. Municipal bonds are a form of debt for these…
…company, instead of taking out a loan, it can sell bonds to investors. Corporate bonds are a form of debt for the company. Because when it sells you a bond,…