Treasury Yields Remain High Amid Growing U.S. Debt Concerns

24.06.06 News

Bond industry leaders warn that the rising U.S. debt load poses significant risks to the Treasury market, with sustained high long-term Treasury yields and an unlikely prospect of spending cuts or tax increases, regardless of the upcoming presidential election results. The U.S. debt has grown to $27 trillion, with projections reaching $48 trillion by 2034, raising concerns about the country’s fiscal direction over the next decade.

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