AIFortuneabout 1 hour ago
Debt overtakes AI as Wall Street's main concern
4 min read
Global bond selloff sent yields to two-decade highs, making debt the top Wall Street concern over AI. Treasury Secretary Scott Bessent faced the fallout as RSM's Joseph Brusuelas said markets decide when debt becomes unsustainable. Yields surged in the U.S., U.K., France, Germany, and Japan.
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