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Reply to "What would a US bond market crisis look like?"
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[quote=Anonymous][quote=Anonymous][b]With deficits and government debt skyrocketing,[/b] exacerbated by continuation of tax cuts, we’re hearing more handwringing about a crisis in the bond markets. For those who are more savvy about macroeconomics, what would a bond market crisis look like here in the US, and what would be the effect on normal, middle class citizens? I know the story of the Argentine default in the 1990s, but the US economy is orders of magnitude larger, so I don’t know if that’s a good model.[/quote] The bond market was fine with that. It was the self own of tariffs and DOGE that worry it. [/quote]
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