Economy

In a working paper, The United States and Its Creditors: Assessing Foreign Demand for U.S. Assets, from the Brookings Institution’s Hutchins Center on...

Interest rates on U.S. Treasury bonds recently rose to levels not seen in decades. A recent 30-year Treasury auction ended with yields at over 5.2% –...

A $25 billion 30-year Treasury auction this week ended with yields at 5.216% – the highest since 2001. The auction is the latest sign of investors’...

Before the passage of the One Big Beautiful Bill Act (OBBBA), the White House Council of Economic Advisers (CEA) released economic and fiscal...

The Consumer Price Index (CPI) increased a massive 0.9% in March, driven largely by rising energy prices, and is up 3.3% over the past year – putting...

Auctions for the 2-year, 5-year, and 7-year Treasury notes went poorly last week and Treasury yields spiked, raising concerns about investor demand...

The “One Big Beautiful Bill Act” (OBBBA) will add $4.2 trillion to the national debt through Fiscal Year (FY) 2034 or $4.7 trillion through 2035 after...

The U.S. national debt has long been on an unsustainable path. Nonetheless, for most of the 20th century, debt sustainability has been bolstered by...

In an opinion piece for The Washington Post, columnist George Will writes about the six paths to a fiscal disaster outlined in our recent paper, “...

The Congressional Budget Office (CBO) recently released its updated economic projections for 2025 through 2028, updated from its January 2025 baseline...

The recently-enacted One Big Beautiful Bill Act (OBBBA) is expected to significantly boost near-term economic activity, but is unlikely to accelerate...