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The U.S. national debt is approaching the point where bond traders see ‘mounting risk’ of a ‘vicious cycle,’ Moody’s top economist says
“A vicious cycle threatens to take hold, with higher rates adding to the interest payments and debt load, which in turn pushes rates up even more. ”
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“A vicious cycle threatens to take hold, with higher rates adding to the interest payments and debt load, which in turn pushes rates up even more.”
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