Reported 8 months ago
The article discusses how French bond vigilantes' reactions to spendthrift politicians can serve as a lesson for the United States. The market is likely to determine the tipping point for debt sustainability, which could impact the US in the coming months. While US economic strength currently buffers against immediate concerns, growing fiscal deficits and debt sustainability challenges remain on investors' radar, reminiscent of the French experience where fiscal worries led to spikes in yields. Market reactions and policy discussions following the Biden-Trump debate may shape future market sentiments.
Source: YAHOO