Browsing: national debt
Liaquat Ahamed has spent his career studying the moments when the world’s financial system breaks down — the bad bets,…
In the days before the Memorial Day weekend, rates on 30 year Treasury bonds hit their highest level in 19…
The federal government already spends more on debt interest than on Medicaid, national defense, or all non-defense discretionary programs combined.…
Recent weeks have seen a major selloff in the bond market as high oil prices spike inflation, but deteriorating U.S.…
It wasn’t even a year ago that fiscal hawks were wringing their hands over a new national debt milestone: The…
For decades, Japanese government bonds offered minuscule returns, forcing investors there to look abroad, especially at U.S. financial markets. Japanese…
The U.S. government is technically insolvent, with its liabilities far exceeding its assets, and its financial condition is deteriorating with each…
The national debt is set to reach $40 trillion in the near future if it continues to grow at its…
The Treasury Department announced this week that it expects to borrow more than anticipated in the current quarter as incoming…
The U.S. Treasury will likely have borrowed more than $2 trillion by the end of the fiscal year, according to…