
Surging bond yields signal pain for global economy
Rising government bond yields, driven by inflation, corporate demand, and high public debt, are squeezing investors and threatening broader economic consequences.
Every Global Economy story tagged Institutions & debt.

Rising government bond yields, driven by inflation, corporate demand, and high public debt, are squeezing investors and threatening broader economic consequences.

Treasury Secretary Scott Bessent told CNBC the department's accelerated buyback of longer-dated government debt could exceed the announced $4 billion per issue.

The U.S. Treasury Department announced it will no longer require shell companies to identify owners, while federal debt reached $40 trillion.

Investors have priced in higher inflation as Treasury's liquidity efforts and a doubled debt buyback program raise concerns about policy implications.

The US budget deficit hit $432.3 billion in July, its highest monthly level since March 2021, driven by Medicare costs and interest on the federal debt.

Treasury Secretary Scott Bessent's efforts to address liquidity problems in the government debt market have so far been unsuccessful, leaving him with a range of options to deploy.

The US economy saw an unexpected decline in jobs in July, with nonfarm payrolls falling by 23,000.

The U.S. government debt has reached a record high of $40.05 trillion, more than doubling in the past decade.

The 2026 Public Forum, themed 'Powering the Future', will focus on the role of services in global development, income, and job creation.

Daron Acemoglu, a renowned economist, has been praised for his work on institutions and prosperity. However, some question his influence and the value of his research.