Treasury yields are blowing up CBO forecasts, and experts who downplayed US debt fears are worried
The financial landscape is shifting rapidly as 10 year Treasury yields recently climbed past the 5 percent mark, reaching their highest levels since 2007. This surge has effectively shredded the long term projections set by the Congressional Budget Office earlier this year, which had envisioned borrowing costs hovering between 4.1 and 4.4 percent over the […]
