US National Debt Surpasses $40 Trillion as Borrowing Burden Mounts

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The US national debt has surpassed a historic $40 trillion. It represents a sombre benchmark in the narrative of the country’s financial well-being. America’s debt burden is escalating at a pace that surpasses previous estimates, driven by ongoing deficits and Read More …

National Debt Hits $40 Trillion Mark

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The United States is increasingly entrenching itself in a profound debt predicament. The federal debt reached an unprecedented $40 trillion on Tuesday, as reported by the Treasury Department. It represents a significant turning point that will impact Americans, businesses, and Read More …

The bond markets around the world are taking a beating

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Investors are increasingly worried about factors such as inflation and substantial government deficits, alongside heightened competition from corporate bonds. This has led to a sell-off in the global bond market, resulting in rising borrowing costs for both governments and individuals. Read More …