Weekend Listen: America's $40 Trillion Debt Problem
Enjoy this special feed drop of our sister show "In This Economy?!"
The U.S. government has reached a staggering milestone: $40 trillion in debt. As deficits continue to grow and borrowing costs rise, bond investors are demanding higher yields, pushing long-term Treasury rates to their highest levels in decades.
Host Mike Eppel speaks to Tiago Figueiredo, Macro Strategist at Desjardins Financial to discuss what's driving the bond market turmoil, how Washington is responding, and whether America's debt burden could become a bigger threat to markets and the broader economy.
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The skinny
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