
Bond Market Bedlam
After Hours
The Impact of Political Uncertainty and Interest Rates on Debt and Global Economy
This chapter explores the effects of political uncertainty on the United States' ability to finance its debt and the global repercussions. It also discusses the consequences of higher long-term interest rates on people's lives, focusing on mortgage rates and the availability of homes for sale. Additionally, it touches on the unexpected positive outcome of increased construction due to fewer individuals wanting to sell their homes.
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