Higher Rates Stoke a Growing Chorus of Deficit Concerns

Higher Rates Stoke a Growing Chorus of Deficit Concerns

A long period of higher interest rates would make the government’s large debt pile costly, a possibility that is fueling a conversation about debt sustainability.
McCarthy’s Ouster Adds to Market Jitters

McCarthy’s Ouster Adds to Market Jitters

Stocks and bonds have tumbled worldwide, with the 30-year Treasury bill hitting a 16-year high. Investors are worried about the economy’s health.