Are We Heading for an Explosion of the U.S. and Global Bond Markets?
The year 2025 is likely to be the year of crisis: the United States must refinance $9 trillion in debt — a quarter of its total outstanding — while financing an annual budget deficit of $1.9 trillion. A veritable debt wall. And then there's Japan, France, and so on. Will there be sufficient deman...
Philippe Herlin - May 29, 2025
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