Treasury Yield Surge Revives U.S. Debt Crisis Debate - TradingView
Treasury Yield Surge Revives U.S. Debt Crisis Debate - TradingView
Source: TradingView
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DW NOTE
The 10-year Treasury yield is at 5.11% while the federal deficit is running at 6% of GDP. The arithmetic is simple: the government cannot refinance its existing debt stock at these rates without the deficit expanding further. The debate isn't academic — it's about whether bond markets will force spending cuts that Congress refuses to make, or whether the Fed reverses course and monetises the shortfall despite 3.4% inflation already baked in.