Treasury Yields Keep Climbing
Long-term Treasury yields are rising as U.S. debt nears $40 trillion. Inflation, heavy bond issuance and Federal Reserve uncertainty are adding pressure.
Long-term Treasury yields are rising as U.S. debt nears $40 trillion. Inflation, heavy bond issuance and Federal Reserve uncertainty are adding pressure.
It drew fresh warnings that a fiscal crisis is brewing as costs for social safety-net programs and interest payments outstrip revenues.
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