The bond market is beginning to revolt against America

The bond market is beginning to revolt against America

The US is risking a sovereign debt reckoning as fiscal profligacy meets Japan’s reawakening and record Big Tech borrowing, pushing yields – and political pressure – higher in the lead-up to midterms.

The US is risking a sovereign debt reckoning as fiscal profligacy meets Japan’s reawakening and record Big Tech borrowing, pushing yields – and political pressure – higher in the lead-up to midterms.

This article was originally published by Daily Maverick.

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