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US Debt Surge Toward $40T Sparks Rate Fears Threatening Equities

Yahoo Personal Finance Read original source (opens in a new tab)
The Story

News Summary

  • The US national debt is nearing $40 trillion and projected to hit $50 trillion within three years.
  • Ballooning deficits and massive Treasury supply threaten to keep yields elevated, elevating borrowing costs for consumers and businesses while putting downward pressure on equities.
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US500 price history

7619.98 +12.62% over the displayed period

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