America’s Debt Nightmare Could Get $6 Trillion Worse — Rising Interest Rates Are to Blame
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The post America’s Debt Nightmare Could Get $6 Trillion Worse — Rising Interest Rates Are to Blame appeared first on 24/7 Wall St..
Borrowers of every kind — homeowners, businesses, and the federal government — can live comfortably with yesterday’s interest rates until tomorrow’s refinancing bill arrives. With U.S. debt already exceeding $40 trillion, Washington has little room for borrowing costs to move against it.
Investors face a related challenge: distinguishing businesse
Borrowers of every kind — homeowners, businesses, and the federal government — can live comfortably with yesterday’s interest rates until tomorrow’s refinancing bill arrives. With U.S. debt already exceeding $40 trillion, Washington has little room for borrowing costs to move against it.
Investors face a related challenge: distinguishing businesse
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