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Usdebt

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Bond market turmoil deepens as US debt, geopolitics push yields higher
business15 days ago

Bond market turmoil deepens as US debt, geopolitics push yields higher

Global bond markets are roiled as US government borrowing costs surge to multi-year highs (30-year yields above 5%), dragging yields higher abroad. Investors fear Trump’s fiscal plans, rising US debt, and inflation from the Iran conflict, even as Tokyo-US interventions try to stabilize prices. Higher yields raise borrowing costs for consumers, businesses, and governments, risking slower growth and tighter budgets—though central-bank policy and any shift in Washington’s tax/spending could calm markets.

"U.S. National Debt Breaks $34 Trillion Milestone Amid Congressional Budget Battle"
economy2 years ago

"U.S. National Debt Breaks $34 Trillion Milestone Amid Congressional Budget Battle"

The U.S. public debt has surpassed $34 trillion, a record high, as Congress faces imminent deadlines for federal funding decisions. The increase in debt is attributed to rising federal deficits, with falling tax revenues and increased expenditures. The upcoming negotiations are complicated by the approaching presidential and congressional elections, with Republicans calling for spending cuts and the White House blaming the debt on past tax cuts for the wealthy. The situation puts pressure on lawmakers to find a compromise to avoid a government shutdown and address fiscal responsibilities.