French 10-Year Yield Climbs to 4.90% as Bond Selling Resumes
France’s 10-year government bond yield rose roughly 15 basis points to 4.90%, reversing part of Tuesday’s rally as fiscal concerns kept pressure on French debt.
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France’s 10-year government bond yield rose roughly 15 basis points to 4.90%, reversing part of Tuesday’s rally as fiscal concerns kept pressure on French debt.
Ray Dalio warns the U.S. could face a debt crisis within three years as persistent deficits, higher borrowing costs and weaker foreign demand strain financing.
President Donald Trump has promised a $5,000 payment to every adult U.S. citizen if Republicans retain control of both chambers of Congress in November’s midterm elections.
A New York Times opinion essay suggests revisiting the ancient Sumerian practice of debt forgiveness as a possible response to the United States’ $40 trillion national debt.
U.S. national debt has officially crossed $40 trillion for the first time, with borrowing rising rapidly and interest costs becoming an increasingly large part of federal spending.
The U.S. national debt has surpassed $40 trillion, while economists say a full repayment is unlikely in the modern era.
A recession is a broad decline in economic activity. Learn how recessions are defined, what causes them, which warning signs matter, and how economies and markets recover.
Fiscal policy uses government spending, taxes, and transfers to influence the economy. Learn how budgets, deficits, debt, multipliers, stabilizers, and trade-offs work.