BusinessUS Debt Hits $40 Trillion as Treasury Yields Surge
US debt has reached $40 trillion amid sharply rising Treasury yields, increasing concerns about the country's debt outlook. The 10-year Treasury yield hit 5.23%, its highest since 2007, while the 30-year yield rose to 5.49%, the highest since 2004. Higher yields raise borrowing costs for the government and economy, driven by factors like Middle East tensions, AI investments, and a strong US economy.
HT World·3h ago


