In this paper, we present the most comprehensive estimates of China’s government balance sheet to date. Based on these estimates, we show how major shifts in fiscal policy over the last two decades ...

Deborah D'Souza is the former news editor at Investopedia. She also writes articles that bring together information from across different financial fields. Yarilet Perez is an experienced ...

Lisa Sturtevant, chief economist at Bright MLS, said the uptick in Treasury yields can be attributed to rising federal government debt ... Fed officials cut interest rates three times in 2024 ...