Bonds

Biden Cancels $1.2 Billion in Student Loan Debt for 150,000 Borrowers

After the Supreme Court struck down President Biden’s plan to cancel billions of dollars in student loan debt, borrowers wondered how he would make...

Markets underestimate risk of inflation re-accelerating, says PIMCO

By Davide BarbusciaNEW YORK (Reuters) – Equity and fixed income markets may be too optimistic on how quickly central banks...

Government debt of $26 trillion sends U.S. on dire trajectory

The U.S. is in danger of a fiscal crisis erupting after a ballooning in deficits in recent years, according to Olivier Blanchard, a senior...

US Risks Fiscal Crisis After Soaring Borrowing, Blanchard Warns

The US is in danger of a fiscal crisis erupting after a ballooning in deficits in recent years, according to Olivier Blanchard, a senior...

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