Treasury yields are already blowing up the CBO’s long-term forecasts, and experts who previously downplayed U.S. debt fears are now starting to worry - finance.yahoo.com — SkimNews
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- The 10-year Treasury yield hit its highest level since 2007, per finance.yahoo.com's headline reporting.
- CBO long-term forecasts are being undercut by the current trajectory of Treasury yields, prompting experts who previously downplayed U.S. debt fears to now express worry, according to the Yahoo Finance headline.
Why it matters: Economists who publicly minimized U.S. debt sustainability concerns are now publicly worried because the 10-year Treasury yield has hit its highest level since 2007 and exceeded CBO's long-term projections, marking a notable reversal from their earlier downplaying stance.
Ask SkimNews
