>> THIS IS BALANCE OF POWER LIVE FROM WASHINGTON, D. C. JOE: FROM BLOOMBERG'S WASHINGTON, D.C. STUDIOS TO OUR TV AND RADIO AUDIENCES WORLDWIDE, WELCOME TO BALANCE OF POWER. TYLER: TONIGHT, A RETURN TO REGULAR ORDER OR A SHUTDOWN SHOWDOWN IN THE MAKING.AFTER MONTHS OF PARTISAN BATTLES, THE SENATE IS TRYING TO FIND A WAY TO COME TOGETHER AND FUND FEDERAL AGENCIES AHEAD OF A SEPTEMBER 30 DEADLINE. WILL DEMOCRATS MAKE GOOD ON THE PROMISE TO HOLD REPUBLICANS ACCOUNTABLE FOR THE PRESIDENT'S TAX AND SPENDING BILL. ...

White House Council of Economic Adviserss Stephen uh Myron and um okay maybe now but they're going up any any time now. Uh Stephen, one of these CPI or PPI prints is going to be frightening because of tariffs. No, we've been waiting and waiting and you're telling me that that prices have actually been declining.Good morning. Thanks for having me. Yeah.So what we did was we looked through the details of the PCE inflation data and CPI2 and then at every good in those data we looked at its subcomponents and so ...

I tend to be in the camp of when you incur debt you end up having to pay it back. Um with the rise of modern monetary theory which has become invogue in the last several years particularly in Washington which is the belief that if you print money if you have the reserve currency you don't actually have to ever pay that debt back and so mounting levels of debt and deficit spending are fine. I don't buy that.I think there's a point at which uh the US government has to be able to sustain itself cost of influ b ...

RT Mario Nawfal (@MarioNawfal)🚨 🇺🇸 MIND-BLOWING FEDERAL BUDGET BREAKDOWN: $6.16 TRILLION SPENDING VS $4.47 TRILLION REVENUEThe government's fiscal 2023 numbers reveal massive deficit spending that would make any sane business owner cringe.Social Security dominates spending while individual income taxes carry the revenue load.The deficit gap is staggering — we're spending $1.69 trillion more than we bring in annually.Interest payments on existing debt alone consume hundreds of billions that could fund actual ...

Bond Market Dynamics - The bond market is experiencing uncertainty due to government borrowing, trade wars, and tax cuts [2] - Long bonds, particularly those maturing in 30 years or more, are at the center of concerns [4] - Volatility in the bond market has increased, with yields on long bonds spiking above 5%, nearing the highest since 2007 [6] - Investor demand for long bonds has disappeared, resembling the volatility of meme stocks or crypto [13] Fiscal Policy and Debt - The US is projected to incur another $22 trillion deficit over the next 10 years [3] - Concerns about fiscal spending are driving long-term interest rates up, requiring higher yields to compensate for risk [14] - Government fiscal deficit problems are a ticking time bomb, leading to higher, longer-term yields [22][23] Global Implications - A global movement of rates higher has been observed [18] - Volatility in long-term bonds poses a problem for governments, as investors demand higher yields [20] - Higher yields will affect housing affordability, auto loans, student loans, and credit card rates [21] - The selloff in longer term bonds shows investors that major governments have a huge fiscal deficit problem [22] Long Bond Specifics - Long bonds were popular when investors sought decent yields due to near-zero or negative interest rates in Europe and Japan [8] - Austria Century Bonds, maturing in 2120, have seen their price fall about 75% from their peak in 2021 [12] - Rising long-end yields have increased by some 50 basis points, signaling potential financial stress [7]