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Fiscal Path

All articles tagged with #fiscal path

economy2 years ago•2 min saved

"Skyrocketing US Debt Interest Hits Record $1 Trillion Annually"

The annualized interest payments on the US government debt have surpassed $1 trillion, doubling in the past 19 months and equivalent to 15.9% of the entire Federal budget for fiscal year 2022. This increase in debt repayment may lead to renewed selling pressure on US Treasuries and has already driven up bond yields. The worsening metrics highlight concerns about the US fiscal path and the need for increased Treasury coupon auctions and refinancing of climbing maturities.

via Yahoo Finance|

#bond-yields #economy #fiscal-path

economy2 years ago•4 min saved

"Powell Warns of Unsustainable U.S. Fiscal Path"

Federal Reserve Chairman Jerome Powell publicly stated that the U.S. fiscal path is "unsustainable," expressing concerns about rapidly rising debt levels. Powell emphasized the need to address this issue sooner rather than later. The statement raises questions about bondholders, credit agencies, and opponents' perceptions. While Powell's stance on the fiscal path was previously unknown, his remarks now bring attention to the problem. The article calls for action and discussion to address the unsustainable fiscal path and urges investors to raise awareness and question policymakers.

via Seeking Alpha|

#economy #federal-reserve #fiscal-path