Tag
#Alan J. Auerbach
Markets
Dimon's bond-crisis warning sharpens focus on debt and yields
Jamie Dimon's warning about a bond crisis matters less as a forecast than as a signal that higher yields, heavy Treasury supply and rising interest costs are again shaping how investors price risk across equities and credit.
By Sloane Carrington
Economy
US debt milestone matters more as higher yields lift financing costs
Crossing 100 per cent of GDP is a useful hook, but the sharper macro question is how higher yields, stickier inflation and slower growth are lifting Washington's financing bill.
By Helena Brandt
