The Debt Just Hit $40 Trillion. Now Comes the Expensive Part.
U.S. debt just crossed $40T. The number gets the headlines; the real story is what it now costs to carry. […]
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The Debt Spiral: Borrow More, Pay More, Borrow Again
Net interest expense has now become the federal government’s second-largest spending category, surpassing Medicare and trailing only Social Security. This
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US Pays Highest Long-Bond Yield Since 2001 as Deficit Concerns Mount
Earlier this month, the U.S. government conducted a 30-year Treasury auction that yielded 5.216% – the highest borrowing cost since
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2,205 Days Underwater: The Longest Bond Bear Market in a Generation
The iShares 20+ Year Treasury Bond ETF (TLT) has now been in a drawdown for 2,205 calendar days, or just over six
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Inflation Fears Drive Treasury Yields to 19-Year Highs
The bond market continues to send a clear message: inflation remains a concern. While the Federal Reserve held rates steady, the 30-year
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Housing Affordability Worsens as Bond Yields Push Rates Higher
The American dream of homeownership is getting more expensive by the week. Thirty-year mortgage rates have climbed toward the 6.75%
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