US public debt has now surpassed forty trillion dollars, and the fiscal deficit continues to widen. Rising Treasury yields are emerging as a key market risk, potentially pressuring equities. Government spending has surged while receipts have declined, compounding financial pressures. Interest payments have become a major federal budget burden, surpassing Medicare spending. This fiscal backdrop is seen as supportive for gold prices.
Related Posts
US plans $100K fee on foreign students: What it means for engineers
The US government is reportedly considering a $100,000 fee for foreign students seeking post-graduation work. This proposed fee targets the…
‘No talks unless Dharmendra Pradhan resigns’: CJP warns of tougher protest
The Cockroach Janta Party continues its protest demanding Union Education Minister Dharmendra Pradhan’s resignation. They received positive responses on compensation…