Treasury yields are blowing up CBO forecasts, and experts who downplayed US debt fears are worried

· fortune.com

"If interest begets debt, and debt begets interest, eventually debt will spin out of control. A fiscal crisis, once unthinkable, is now a distinct possibility."

The 10-year Treasury yield topped 5% this past week, hitting the highest level since 2007 and blowing way past forecasts for borrowing costs over the next decad...


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