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    <title>federal debt on Media Presser</title>
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      <title>Who Is Actually Buying U.S. Debt Now</title>
      <link>https://mediapresser.com/2026/04/03/who-buys-us-debt-investor-composition-2026/</link>
      <pubDate>Fri, 03 Apr 2026 00:00:00 +0000</pubDate>
      
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      <description>The composition of who buys U.S. government debt has shifted materially over the past decade. The GAO&amp;rsquo;s March 2026 federal debt management report (GAO-26-107529) maps those shifts in detail — and the pattern that emerges is not simply reassuring.
In fiscal year 2014, primary dealers — the 26 designated banks and securities firms required to bid at every Treasury auction — purchased 42 percent of notes, bonds, and similar coupon securities at auction.</description>
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