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Trump Spending Has Created the Largest Deficit Since Covid

Bond yields are ripping today, with the 10-year climbing above 4.9% and at the highest level since 2007. Meanwhile, the 30-year yield has risen above 5.3 percent, the highest level seen since 2002. There are many reasons that Treasury yields might increase, but given the current fiscal situation in the United States, the most likely dominant factor […] The post Trump Spending Has Created the Largest Deficit Since Covid appeared first on LewRockwell.

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