The 10-year Treasury yield has reached 5% again, reviving concern over US fiscal strain as debt-to-GDP has climbed to 123% from 62% in 2007 and the deficit has widened to above 6% from 1.1%. Federal debt now exceeds $40 trillion.
published
The 10-year Treasury yield has reached 5% again, reviving concern over US fiscal strain as debt-to-GDP has climbed to 123% from 62% in 2007 and the deficit has widened to above 6% from 1.1%. Federal debt now exceeds $40 trillion.
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