19:53
2026-05-23
fortune.com
policy-regulation
U.S. debt is the ‘elephant in the room’ amid bond market rout as Fed-fueled interest costs could drive even larger deficits, analysts warn
According to Bank of America analysts, the recent bond market selloff is increasingly driven by deteriorating U.S. fiscal health, with "bond vigilantes" selling off debt to protest unsustainable defic…