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Higher Rates Increase Pressure on U.S. Federal Debt Costs

Higher Rates Increase Pressure on U.S. Federal Debt Costs

U.S. Treasury borrowing costs are rising as federal debt and deficits remain elevated, with interest payments reaching about 3% of GDP. The development has increased attention on the relationship between higher interest rates, the annual budget deficit and the cost of servicing publicly held U.S. government debt. Key Takeaways The

Higher Rates Increase Pressure on U.S. Federal Debt Costs

Higher Rates Increase Pressure on U.S. Federal Debt Costs

U.S. Treasury borrowing costs are rising as federal debt and deficits remain elevated, with interest payments reaching about 3% of GDP. The development has increased attention on the relationship between higher interest rates, the annual budget deficit and the cost of servicing publicly held U.S. government debt. Key Takeaways The

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U.S. Adds 115,000 Jobs as Unemployment Holds

U.S. Adds 115,000 Jobs as Unemployment Holds

U.S. labor market data released showed employers continued hiring during April, with payroll growth exceeding economist expectations while the national unemployment rate remained unchanged at