"Governments have long mobilized private wealth to support public finances. There are several approaches," UBS chief economist, Paul Donovan, outlined in a recent call.

“Eventually, in the unforeseeable future, austerity may be the most likely of the six possible outcomes.” ...

In late May, yields on U.S. Treasury bonds jumped to their highest level since 2023, after the House of Representatives passed sweeping tax cuts as part of President Donald Trump’s proposed budget.

If current fiscal trends continue, the United States could face a reckoning far sooner than many policymakers admit. Some economists warn that within five years, when the federal debt may approach $50 ...

A $15T U.S. debt wall could trigger a liquidity crisis. Foreign demand for Treasuries is waning. Read here for more insights ...

Politics and debt don’t mix well. Americans would be wise to look across the Atlantic to see how tough things can get.

We all have so much to worry about these days: international, national, local and familial. As my summer good deed, I’m going to take one off your plate: the national debt. You can ignore it. Did that ...

The French government is set to fall Monday, amid bitter divisions in the National Assembly. Across Europe, the ruling class wants savage social cuts in order to finance surging military spending and ...

ATHENS, Dec 15 (Reuters) - Greece earlier on Monday paid off ahead of schedule debt worth 5.3 billion euros ($6.22 billion) that had been due after 2031, two government officials said. Monday's ...

In effect, Covid ended Japan’s yield-capping experiment, because it vaulted the world into a high-interest-rate equilibrium. If you persist in capping yields in such an environment, you risk your ...