US Treasury
Investment
The world is awash in debt. In the US, government borrowing has surged past 100% of GDP, and the fiscal deficit is at a level typically seen in wartime. Other major economies are in similar situations. So, what does this deluge of debt mean for markets?
15 May 2025
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5 min read
US
The US budget deficit will rocket to its highest level on record this year when it hits almost $1.6trn, both the White House and Congress say.
26 August 2009
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