Header Ads

Header ADS

Massive Fiscal Deficit in the United States Causing Uncertainty in the Bond Market

As of the cumulative calculation of the past five fiscal years as of the end of February, the US government's fiscal deficit has reached 1.05 trillion US dollars, an increase of 68% year-on-year. According to estimates by the U.S. Congressional Budget Office, by the end of the fiscal year at the end of September this year, the U.S. fiscal deficit will be as high as 2.3 trillion, and this has not yet calculated the Biden administration's $1.9 trillion anti-pandemic plan. Worrying that the huge fiscal deficit will force the U.S. Treasury Department to expand bond issuance is not conducive to bond prices, it is not unreasonable to see investors taking the lead in dumping U.S. bonds in the market recently.


Z. com Bullion is an affiliate of GMO Financial Holdings, Inc., a Japanese listed group. The risk of loss in leveraged foreign exchange trading and margin trading can be substantial. Visit the company website to read full risk warning. https://bullion.z.com/en/about/legal/risk/
Powered by Blogger.