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News
We owe $40 trillion — $120,000 each
3+ week, 3+ day ago (442+ words) News that the national debt has risen above $40 trillion resonated like a ringing bell in my mind. It registered that America is 16 times deeper in its fiscal hole than it was when I first reported on this chronic ailment back…...
Trump gripes about Switzerland amid bond market pressure
3+ week, 4+ day ago (370+ words) President Donald Trump singled out Switzerland for its low interest rates when asked whether the administration had done enough to stabilize the bond market after 30-year Treasury yields surpassed a two-decade high this week. Yields on benchmark 10-year U.S. Treasury securities…...