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In This Economy?!
Frequency Podcast Network
America's $40 Trillion Debt Problem
AUG 21, 202615 MIN
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Description
The U.S. government has reached a staggering milestone: $40 trillion in debt. As deficits continue to grow and borrowing costs rise, bond investors are demanding higher yields, pushing long-term Treasury rates to their highest levels in decades.
Host Mike Eppel speaks to Tiago Figueiredo, Macro Strategist at Desjardins Financial to discuss what's driving the bond market turmoil, how Washington is responding, and whether America's debt burden could become a bigger threat to markets and the broader economy.
Do you have a topic that's confounding you in this economy? We'll be happy to dig into it for you and get you the answers you need. Email us at: [email protected]. Thank you for listening!
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