Ross Gerber Says Bad US Policy Will Cost the U.S. Hundreds of Billions in Extra Interest as Bond Yields Keep Climbing
U.S. government borrowing costs are climbing to levels not seen in nearly two decades, and Gerber Kawasaki Wealth Management CEO Ross Gerber says Washington’s policies are making an already serious debt problem even
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Why It Matters
The U.S. government is paying more money to borrow because interest rates are rising. When the government borrows more expensively, it has less money for other things.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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