The increasingly unsustainable path of US debt was the prime topic of most financial headlines this week, as the US Treasury’s latest estimates pointed to an incremental $2 trillion of borrowing to come in the back half of the year after adding over $1 trillion in the ~2 months since the latest suspension of the debt ceiling.
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The increasingly unsustainable path of US debt was the prime topic of most financial headlines this week, as the US Treasury’s latest estimates pointed to an incremental $2 trillion of borrowing to come in the back half of the year after adding over $1 trillion in the ~2 months since the latest suspension of the debt ceiling.