Celebrations are everywhere this week as BTC/USD passes $120,000 for the first time in a giant surge higher. All-time highs ...

People have been wringing their hands about the US’ imminent debt crisis for decades now. But the US weathered the 2008 financial crisis and remains standing. It also has never defaulted on its debts.

We present new evidence on the impact of fiscal variables on long-term interest rates and term premia in the United States. To alleviate endogeneity problems, we follow the seminal methodology by ...

The U.S. government’s debt is not a cause for concern, as it is self-funded and the Federal Reserve can always step in to ...

Americans are carrying more debt than ever before. According to the Federal Reserve Bank of New York, household debt hit ...

Budget hawks have fretted for decades about America’s deficits and debt, repeatedly advising our government to embrace ...

The federal budget deficit is back in the spotlight after the Republican-controlled Congress approved a massive tax and ...