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Rising Military Spending Amid Iran War Likely to Widen US Deficit - Business Insider
Panics about the rising US deficit have stirred up bond vigilantes before. An economist thinks concerns about military spending are driving yields higher.
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…
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