Chip Rout Finally Does What Scott Bessent’s Buybacks Couldn’t: Pulls Treasury Yields Back From 24-Year High
Treasury yields pulled back from multi-decade highs Thursday, with a chip rout sending investors into bonds and easing months of pressure.
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Top Economist Warns US Is ‘Wildly Irresponsible’ With $1.99 Trillion Deficit as Interest Costs Top Defense Spending
Economist Justin Wolfers says the U.S. has its largest deficit outside a recession or war, with Medicare and food stamps funding tax cuts.
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