Egan-Jones Examines Sovereign Debt Pressures and Potential Safe Harbors - Yahoo Finance
Egan-Jones Examines Sovereign Debt Pressures and Potential Safe Harbors - Yahoo Finance
Source: Yahoo Finance
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DW NOTE
Egan-Jones issues sovereign debt warnings while rates sit at 3.65%, the deficit runs $1.4 trillion through June, and the 10-year yield trades at 4.73%. The safe harbor they're hunting for doesn't exist — every port has a hole below the waterline, the question is which one sinks last.