Borrowing costs have increased as the US national debt reached $40 trillion, leading to renewed concerns in bond markets.
Borrowing costs have spiked following the US national debt reaching $40 trillion. This significant debt figure has intensified concerns among traders regarding the state of public finances in the world's largest economy.
Fresh jitters have been observed in bond markets, despite intervention from Trump.
Why this matters: The rising US national debt and associated borrowing costs are deepening concerns among traders about public finances.
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