The Fed printed money to pay for these T-bills, so there is excess liquidity that is trapped in time-sensitive debt.

美联储通过印制钱币来支付这些短期国债，因此，流动性过多这部分被困在对 时间敏感的短期国债之中了。

youdao

The interest rate of T-Bills is determined at each auction, depending on what bidders are willing to pay.

短期国库券的利率在每次拍卖时由投标人的出价决定。

youdao

"My father left my family when I was two years old, and I was raised by a single mother who struggled at times to pay the bills and wasn't always able to give us things the other kids had.

VOA: special.2009.09.10

When Congress engages in deficit spending the Treasury auctions off T-Bills to pay for it.

FORBES: Congress' Money Vault

''More of you have cars you can't afford to drive, credit card bills you can't afford to pay and tuition that's beyond your reach.

FORBES: Obama Accepts Nomination

It's going to cut down on our bill-paying, on what bills we can pay, what bills we can't pay, it's going to affect us overall.

BBC: US & Canada