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Rising Military Spending Amid Iran War Likely to Widen US Deficit - Business Insider

From Business Insider via USVI News: Panics about the rising US deficit have stirred up bond vigilantes before. An economist thinks concerns about military spending are driving yields higher.

USVInews.com User Network Contributor

Yields on 10-year Treasury bonds are surging, and it might not simply be because the market is worried about the inflationary impacts of higher oil prices. It's also due to fears that US government…

This article is republished through the USVI News affiliate desk. Reporting, analysis, and viewpoints are those of the original publisher and do not necessarily reflect USVI News.

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