With the national debt nearing $40 trillion, Bank of America has a warning for bond investors
Bank of America strategist Michael Hartnett warns against investing in bonds as the U.S. continues to run large deficits.
Bank of America strategist Michael Hartnett warns against investing in bonds as the U.S. continues to run large deficits.
BELLINGS Intelligence Score: 35
Why it matters
Bank of America issuing a warning about U.S. bonds amid the national debt nearing $40 trillion is notable market commentary reflecting concerns about credit risk and investor sentiment, but it does not represent a new policy or structural event.
Sources
Fortune
With the national debt nearing $40 trillion, Bank of America has a warning for bond investors
Bank of America strategist Michael Hartnett warns against investing in bonds as the U.S. continues to run large deficits.