Federal debt BX:TMUBMUSD10Y held by the public as a share of the total economy will surpass the previous record of 106.1%, set in the waning days of World War II, by 2029, Trump's last year in office.

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It essentially set up a battle between AI and U.S. Treasury yields that saw the latter win. Wall Street suffered ... keep the Fed off the backs of the market and economy," Torres added.

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FIRST ON FOX: The conservative House Freedom Caucus has released a proposal for Republicans' planned conservative policy overhaul that would raise the debt limit by two years or roughly $4 trillion.

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FIRST ON FOX: The conservative House Freedom Caucus has released a proposal for Republicans' planned conservative policy overhaul that would raise the debt limit by two years or roughly $4 trillion.