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Is the Trump Treasury panicking over the level of US debt?

The Guardian - Business
The Guardian - Business
by Kenneth Rogoff
Aug 26, 2026 · 10:30 AM
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Is the Trump Treasury panicking over the level of US debt?
With the federal deficit near 6% of GDP and the national debt over $40tn, America’s fiscal position looks increasingly precariousBessent ‘will lose’ battle with bond markets, ex-mentor warnsAre we seeing the first signs of panic in Donald Trump’s Treasury? The US is by far the world’s bigg…
The Guardian - Business
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