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The history of financing America, in six crisis episodes

Source: reuters.com

Sovereign Debt & RatingsInterest Rates & YieldsFiscal Policy & BudgetCredit & Bond Markets
The history of financing America, in six crisis episodes

Concerns about the US fiscal outlook intensified as long-dated Treasury yields hit their highest levels since 2007. The national debt has also surpassed $40T, reinforcing fears of sustained supply pressure and weaker sovereign risk dynamics. This combination is likely to support higher discount rates and pressure duration-sensitive assets.

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