US debt on 'unsustainable' path, admits Scott Bessent

By Yahoo! Finance   |   1 week ago
US debt on 'unsustainable' path, admits Scott Bessent

Stock markets rebounded from session lows as Treasury Secretary Scott Bessent hinted at possible trade agreements soon. Market strategist Mark Hackett warned of tariff-induced volatility, while concerns over trade turmoil persist. Ferrari reported strong demand despite potential price hikes due to tariffs.

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