Moody's Zandi Sees 'Vicious Cycle' Risk as U.S. Debt Hits $40 Trillion
Moody's Mark Zandi says the $2 trillion U.S. deficit and rising 10-year yields signal a possible 'vicious cycle' of debt and interest costs.
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Moody's Mark Zandi says the $2 trillion U.S. deficit and rising 10-year yields signal a possible 'vicious cycle' of debt and interest costs.