Ray Dalio Warns US Debt Crisis Could Deepen as $2.1T in New Treasury Supply Hits Market: 'Credit Market Players Call That a Death Spiral'
Ray Dalio warns US debt faces a 'death spiral' as Treasury supply overwhelms demand, spiking bond yields despite $6B in government buybacks.
The US government is borrowing a lot of money right now. When there is too much borrowing and not enough buyers, interest rates go up, which can make borrowing harder and more expensive for everyone.
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