So much for cutting back on spending, US National Debt has now increased by over $2 trillion in just 4 months.

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See also  Yellen's tenure racked up $7.41 trillion in deficits, pushing national debt up by $8.29 trillion, marking a legacy of fiscal failure, then boldly declaring, 'Deficits need reducing.' Pure irony.

Deficits Finally Matter on Rising Interest Rates

Investors are growing concerned as U.S. borrowing skyrockets, posing potential risks to markets and the economy. Historically, the U.S. has been the world’s primary lender, stepping in during financial crises. However, the escalating trajectory of U.S. debt and the lack of political intervention now amplify market vulnerabilities. Recent spikes in Treasury yields can’t be solely attributed to inflation or short-term rate changes but rather to rising government deficits.