The Business Times
business-time-50

US debt

Opinion & Features

What will the US debt reckoning look like?

The legislation, which has exposed Republican divides over the nation’s fast-growing US$36.2 trillion debt, would raise the federal government’s self-imposed debt ceiling by US$5 trillion.
International

US Senate passes Trump’s sweeping tax-and-spending Bill, setting up House battle

Fed chair Jerome Powell this past week downplayed the recent spike in Treasury yields and suggested the central bank’s outlook for interest rates would not be affected by Trump's economic plans.
Banking & Finance

Could the bond market stymie Trump’s economic plans?

Chicago will have US$850 million in general obligation bonds available to replace with new debt.
International

Chicago plans US$1.5 billion bond refinancing in early December

62 per cent of respondents – including 94 per cent of Democrats and 34 per cent of Republicans – said it was likely Trump’s policies “will push the US national debt higher.”
International

Most Americans expect Trump to increase US debt

Federal Reserve Bank of New York's survey of household debt and credit conditions, showed that overall debt levels rose by US$109 billion, or 0.6 per cent, in the second quarter to US$17.80 trillion.
International

US household debt levels edge up in Q2, NY Fed survey shows

Washington’s overspending, the report says, risks reigniting inflation and undermining long-term fiscal and financial stability around the world by ratcheting up global funding costs.
International

IMF steps up its warning to US over spending and ballooning debt

The US will represent roughly half of the total bond debt, twice its share in 2008, while the EU will account for 20 per cent, Japan for 16 per cent and Britain for 6 per cent, the OECD said.
International

OECD sees total bond debt to rise in 2024 on tightening financial conditions

Since 2013, the US national debt has more than doubled from US$16.7 trillion.
International

Rising US debt stokes calls in Congress for special fiscal commission

Outside the New York Stock Exchange on Aug 2, 2023, the day after Fitch downgraded the US economy to AA+ from AAA.
Opinion & Features
PERSPECTIVE

There is political logic to Fitch’s downgrading of US debt 

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More