Wall Street Strategists Warn of Bond Market Revolt Over $40 Trillion National Debt

Top strategists argue that political unwillingness to address the federal deficit is triggering a corrective backlash in the bond market.

26 Aug, 14:59 — 26 Aug, 14:59

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fortune7d ago

The $40 trillion national debt and the bond market’s revolt: top Wall Street strategists explain how we got into this mess

David Kelly and Torsten Slok reached the same conclusion from opposite directions: with DC unwilling to touch the deficit, the bond market is the bad cop.

By Nick Lichtenberg

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Wall Street Strategists Warn of Bond Market Revolt Over $40 Trillion National Debt

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The $40 trillion national debt and the bond market’s revolt: top Wall Street strategists explain how we got into this mess

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