Reported 4 days ago
The Institute of International Finance warns that skyrocketing U.S. debt could have far-reaching consequences beyond America, potentially triggering instability across global markets. Recent spikes in Treasury yields, coupled with weak demand from international investors, have raised concerns about the sustainability of U.S. borrowing. The interconnectedness of global economies means heightened volatility in U.S. Treasury markets could lead to significant spillover effects, especially affecting emerging markets as they struggle for capital.
Source: YAHOO