How government debt could play a role in the next financial crisis

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With US$37 trillion in debt and a rising deficit, the next great financial calamity could be. But the U.S. is not alone

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Yields on United States Treasury bonds were expected to fall when President Donald Trump unleashed a torrent of double-digit tariffs on more than 80 countries on his so-called Liberation Day in April. And at first, they did, as investors, weighing the…

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