- Treasury yields spiked recently amid mounting fears that investor demand for U.S. debt is waning just as supply is taking off, with a budget bill in Congress expected to add trillions to the deficit. But the effects of rising debt won’t be limited to the American economy, according to the Institute of International Finance.
It’s not just Americans and the federal government poised to feel the effects of U.S. debt, which has exploded in recent years and could get even worse soon.
