Posted inBiden, Joseph R Jr Content Type: Service Credit Ratings and Credit Rating Agencies Federal Budget (US) Government Bonds Gross, William H National Debt (US) Treasury Department United States United States Economy United States Politics and Government
The Debt Ceiling Impasse Raises the Risks for ‘Risk-Free’ U.S. Bonds
Short-term costs for insuring U.S. bonds are skyrocketing, and the long-term effects of repeated flirtations with debt default are already a burden, our columnist says.