Reported about 13 hours ago
BlackRock has highlighted that the surging U.S. government debt poses a significant risk to the country's market position, indicating it may weaken investor interest in crucial assets like long-term Treasuries and the dollar. As Congress debates a tax and spending bill that could add $5 trillion to the national debt, concerns grow that increasing debt could decouple Treasury yields from U.S. monetary policy. BlackRock suggests diversifying investments beyond U.S. borders and focusing on short-term Treasuries to mitigate risks associated with this growing debt.
Source: YAHOO