Rising US debt, dollar’s worst showing since 1973 stir concerns

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The U.S. economy had a different start to the year. Halfway through, the impulsive policy of President Donald Trump is also not helping to preserve the so-called “mighty” status of the dollar, which has seen the worst performance in over five decades.

Since the return of Trump to the White House, uncertainty about Washington’s financial policy has caused notable concern as the U.S. debt pile continues to rise. Analysts, meanwhile, say the president’s “One Big Beautiful Bill” could add extra pressure to it in the upcoming decade.

Concerns over the health of the U.S. economy and growing debt have also been visible on financial markets as U.S. bond yields have climbed – an indication that investors are worried about the sustainability of the debt of the world’s top economy.

Those concerns have also affected the dollar, which, as the global reserve currency, has usually been seen as a safe haven currency….

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