1. U.S. Budget Deficit Hits Highest Level Since 2012: Treasury Department 2. U.S. Budget Deficit Growing, Could Top $1 Trillion This Year 3. How the U.S. Budget Deficit Impacts the Economy 4. What Is a Budget Deficit and How Does It Affect You? 5. Budget Deficit by Year: U.S. Debt Since 1929 6. What Happens When a Government Has a Budget Deficit? 7. The Pros and Cons of Budget Deficits 8. How to Reduce a Budget Deficit 9. The Impact of Budget Deficits on Economic Growth 10. Video: What Is a Budget Deficit?
Badly trailing US economic growth, President Xi Jinping stepped up support for the world’s second-biggest economy, issuing additional sovereign debt, raising the budget deficit ratio and even making an unprecedented visit to the central bank.
The U.S. Treasury is likely to boost the size of auctions for bills, notes, and bonds in the fourth quarter when it announces its financing plans this week to fund a worsening budget deficit, analysts said. Investors are playing close attention to this week's quarterly refunding announcement as a sharp jump in long-term Treasury yields has been partly attributed to concerns about the U.S. fiscal deficit. "The market has associated the rise in Treasury yields with deficit concerns and reflects worries about the sustainability of those deficits," said Guneet Dhingra, managing director and head of U.S. rates strategy at Morgan Stanley in New York.
Larger-than-expected Treasury issuance could lead to worsening budget deficit concerns Nikkei reported that BOJ is considering a further adjustment to its YC
The US was threatened with the loss of its last top credit rating on Friday, as Moody’s Investors Service signaled it was inclined to downgrade the nation because of wider budget deficits and political polarization.
As the Biden administration ramps up new government spending—and budget deficits—to unheard-of peacetime levels, reality sets in. No economy and no currency can withstand this explosive assault for very long. Original Article: The Dollar See-Saws between Two Views on Fiscal Explosion