Delaying Social Security reform raises risks for bond markets and the economy, research finds

Social Security’s trust fund is projected to run out in late 2032, with new research warning of serious economic risks from the funding shortfall. The report raises concerns about future federal fiscal pressure and potential strain on broader economic growth and stability. Market impact is likely material as investors reprice long-dated U.S. fiscal risk.

Analysis

Social Security’s trust fund is projected to run out in late 2032, with new research warning of serious economic risks from the funding shortfall. The report raises concerns about future federal fiscal pressure and potential strain on broader economic growth and stability. Market impact is likely material as investors reprice long-dated U.S. fiscal risk.