With the U.S. national debt at $21.5 trillion, U.S. News & World Report spoke to Jim Barnes, Director of Fixed Income at Bryn Mawr Trust, to discuss the implications of the growing national debt on investors. Jim explained that as the budget deficit increases, the government issues more Treasury securities, which may lead to lower prices and higher interest rates for bondholders.
To read the article, you may access U.S. News & World Report’s website here.