U.S. Debt Worries Drive Yields Above 5 Percent
Concerns about the U.S. debt burden are pushing yields upward, particularly hitting over 5 percent on the 30-year note. Recent legislative action saw the U.S. House of Representatives narrowly pass President Trump’s tax and spending proposal, raising alarms about an additional 4 trillion dollars in national debt. Analysts warn that this growing debt could influence future interest rate adjustments and market stability.