Is the US Heading Toward Fiscal Dominance? | Presented by CME Group

Bloomberg Television5 hours ago1:30

Gross US debt has crossed $40 trillion, while debt held by the public stands at nearly 100% of GDP and roughly 30% of marketable debt is set to roll over within 18 months. With higher rates feeding relatively quickly into debt-servicing costs, could mounting fiscal pressure constrain Fed policy?  Presented by @cmegroup https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight