π U.S. Debt Spiral Risk Now "Distinct Possibility," Experts Warn Economists who previously dismissed U.S. debt concerns are shifting their view, warning that rising Treasury yields are already breaking the Congressional Budget Office's long-term fiscal projections. The dynamic is self-reinforcing: higher interest costs expand the deficit, which drives more borrowing, which pushes yields higher still. Experts now describe a fiscal crisis β once considered unthinkable β as "a distinct possibility." The warning carries weight because it comes from analysts who had been skeptical of debt alarmism. Rising yields make the U.S. government's debt load more expensive to service in real time, compressing the window for corrective fiscal action. Source
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π U.S. Debt Spiral Risk Now "Distinct Possibility," Experts Warn
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