Government Debt Crisis: Your Borrowing Challenge and Saving Opportunity
Originally Published 7 months ago — by MarketWatch
Rising bond yields, driven by increased government debt and fiscal policy concerns, are raising borrowing costs for consumers on mortgages and car loans, while also presenting opportunities for savers due to higher fixed-income returns. The situation is influenced by political decisions, inflation, and Federal Reserve policies, creating a complex environment for both borrowers and investors.