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Here's how much worse US debt could get as bond yields surge to the highest levels in two decades
Publicly held debt would explode to 222% of GDP by 2056, under a scenario where interest rates rise by 1 percentage point.
The 10-year yield shot up to 5.23% on Friday, the highest level since 2007 and more than a full percentage point since right before the Iran war started. Meanwhile, the 30-year yield hit 5.49%, the highest since 2004.
With oil prices up due to the Mi... [3435 chars]
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