#us-debt-crisis

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fromFortune
1 week ago

The bond market would be a big casualty of the U.S. debt crisis, former Treasury secretary says | Fortune

"That's a dangerous thing," he said Thursday during an interview with Bloomberg TV, describing a scenario where demand and prices for Treasuries fall as foreign interest in the market declines.
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fromFortune
1 month ago

U.S. debt is like a Hallmark movie boyfriend who eventually gets dumped for a small town firefighter, budget watchdog warns | Fortune

U.S. debt remains attractive to investors due to lack of better alternatives, but this may change as debt grows and other options emerge.
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