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Total US public debt surpassed $40 trillion for the first time, and has now surged by a third in less than five years, as US lawmakers continue to shrug off calls to contend with historically wide fiscal deficits.
Rep. Mike Lawler joins Balance of Power to discuss
"I don't think there's a whole lot Bessent can really do. It's really a matter of some of the other drivers that have to change in order for rates to come down." Stephanie Roth speaks about this week's dramatic moves in Treasuries bloom.bg/4ztea1D