#jared bernstein

1 story

#10-year yield #bond market #committee for a responsible federal budg #congressional budget office #ed yardeni #federal deficit #fiscal crisis #interest rates #treasury yields #u.s. debt

Treasury yields spike, forcing debt hawks to sound the alarm
The 10-year Treasury yield just hit 5%, blowing past forecasts and alarming economists who previously downplayed U.S. debt risks.
Fortune · 1m