U.S. Debt Could Hit 222% of GDP by 2056, CBO Warns
The 10-year Treasury yield at 5.23% has blown past CBO forecasts. A 1-point rate rise would push U.S. debt to 222% of GDP by 2056, the budget office warns.
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The 10-year Treasury yield at 5.23% has blown past CBO forecasts. A 1-point rate rise would push U.S. debt to 222% of GDP by 2056, the budget office warns.