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In the aftermath of the global economic crisis of 2008, U.S. government budget deficits increased dramatically. However, interest rates on U.S. Treasury debt fell sharply

In the aftermath of the global economic crisis of 2008, U.S. government budget deficits increased dramatically. However, interest rates on U.S. Treasury debt fell sharply and stayed low for quite some time. Does this make sense? Why or why not?

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