National Debt

Can you say unintended consequences?

High government debt plus borrowing to fund data center buildouts are two main factors driving the dollar’s current strength.

Bond auctions can show the kind of yields investors are demanding and what they expect to happen in the future.

Treasury Secretary Scott Bessent has said that the country can “grow” its way out of debt. Is growth enough?

What came out of the Trump-Xi summit this week? And could 6% be the new 5% threshold in the bond market?

When interest rates rise, everyone — including the federal government — pays more to borrow. What does that mean for the economy in the long term?

“The bond market is often seen as the boring sibling to the stock market,” said Robin Wigglesworth. “I think that's completely wrong. It is the bedrock to the entire financial system.”

Banks hold lots of government bonds, and when their value goes down, it can make lending out money less attractive.

When fiscal dominance is happening, monetary policymakers defer to the interests of fiscal policymakers.