Treasury Secretary Scott Bessent, left, and the Federal Reserve chairman, Kevin M. Warsh, met with Group of 20 finance ministers and central banker governors on Tuesday in Asheville, N.C.
Government bond yields are hitting multi-decade highs, reflecting anxiety about debt levels, deficits and inflation. The effects will extend to mortgages, business loans and other types of credit.
Government bond yields are hitting multi-decade highs, reflecting anxiety about debt levels, deficits and inflation. The effects will extend to mortgages, business loans and other types of credit.
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