Demand for U.S. debt drops. PIMCO plans to diversify, buying bonds outside the U.S. Debt to GDP worse than France.

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  • United States: The debt-to-GDP ratio is approximately 120.82%.
  • France: The debt-to-GDP ratio is around 98.66%.
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Sources:

https://fred.stlouisfed.org/series/gfdegdq188S

https://www.macrotrends.net/global-metrics/countries/USA/united-states/debt-to-gdp-ratio


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