Ray Dalio Warns U.S. Debt Spiral May Persist as Treasury Supply Grows

Ray Dalio warned that rising U.S. bond supply is pushing yields and borrowing costs higher, a cycle he said could deepen government debt unless economic and market damage restores balance between funding supply and demand. The 10-year Treasury yield approached 5.4% this month, reaching its highest level in nearly 25 years. Higher yields raise borrowing costs for the government and other borrowers. Dalio, founder of Bridgewater Associates, has long warned about U.S. debt.

Source: TokenPost