US fiscal path unsustainable despite improved budget forecasts, says DoubleLine

By Yahoo! Finance   |   23 hours ago
US fiscal path unsustainable despite improved budget forecasts, says DoubleLine

An analyst at DoubleLine warns that the U.S. sovereign debt profile is unsustainable, with deficits likely to exceed Congressional Budget Office projections. Factors such as tax cuts and interest rates may worsen debt dynamics. DoubleLine predicts rising long-term Treasury yields due to the deteriorating fiscal outlook.

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