From CNBC: 2025-05-22 14:47:00

Billionaire investor Ray Dalio warns of a critical situation in the U.S. bond market due to soaring debt and deficits, with yields on 30-year Treasury bonds reaching 5.14%. The national debt has surpassed $36 trillion, leading to higher interest payments than major government expenses. Dalio doubts politicians can reduce the debt burden.

Read more: Ray Dalio says to fear the bond market as deficit becomes critical