EditorialThe TreasuryDirect digital system requires old-school paper when customers update their linked bank account. That’s a particular concern as interest in inflation-indexed bonds surges. (Till Lauer/The New York Times)
EditorialTreasury rates remain strikingly low, partly because of the safety government debt offers corporations and retirees — whether that endures is crucial to federal spending. (Andrea Chronopoulos/The New York Times)