US debt tops GDP as surging yields lift borrowing costs

MSN
2026.05.30 15:21
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US publicly held debt has surpassed GDP at 100.2%, doubling the historical average and raising fiscal concerns. Concurrently, the 30-year Treasury yield exceeded 5%, its highest since 2007, significantly increasing borrowing costs. These rising yields are negatively impacting stock markets, driving up mortgage rates, and burdening households with higher debt servicing costs.