Former Treasury Secretary Warns of Risks to U.S. Bond Market Due to $39 Trillion National Debt

Former U.S. Treasury Secretary Henry Paulson warns that the $39 trillion national debt could undermine confidence in U.S. Treasuries, potentially leading to a crisis in the world's largest bond market. The growing debt is testing the reliability of Treasury securities, which are crucial for global financial stability and U.S. government financing.

By Tristan Bove Fri, April 17, 2026 at 9:45 PM GMT+3 3 min read · Yahoo Finance ·

Former Treasury Secretary Warns of Risks to U.S. Bond Market Due to $39 Trillion National Debt

Topics: Bond Market Economic Crisis Henry Paulson Treasury Market U.S. National Debt

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