Reported 4 months ago
Bond industry experts express concerns over the increasing US debt and its impact on long-dated Treasury yields, predicting a grim fiscal outlook with little likelihood of spending cuts or tax increases to address the growing debt supply. The panelists at the ISDA/Sifma Treasury forum in New York emphasized the potential risks of a clean sweep by one party in November's election, with the US Treasuries outstanding now at $27 trillion and projected to reach $48 trillion by 2034.
Source: YAHOO