The US 10-year Treasury bond yield fell 0.7 percent in response to the latest report of jobless claims. That comes a week after the Treasury said it would borrow a record $2.99 trillion this quarter, and launch a 20-year bond. RT’s Boom Bust talks to former Federal Reserve insider Danielle DiMartino Booth about what all that means for the future. “We’re starting to see the actual numbers come out. It’s no longer $25 trillion of debt in theory…” she said. “This is reality, folks. The Treasury will have to borrow a lot of money, and it’s a unique time when the stock market and the bond market are serving up such desperate views on the ou
Hence then, the article about america facing debt conundrum former fed insider tells boom bust was published today ( ) and is available onRussia Today ( United Arab Emirates ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( America facing debt ‘conundrum’ – former Fed insider tells Boom Bust )