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U.S. debt crosses $40T and Treasury acts, Michael Kao argues

U.S. debt crosses $40T and Treasury acts, Michael Kao argues
Treasury backs long bond at $40T debt

Michael Kao, CIO at Akadia Capital, examines the dynamics as the U.S. Treasury moves to support the long bond while the national debt surpasses $40 trillion. Kao argues that the dominance of the USD is being challenged not just in financial ledgers but at key geopolitical chokepoints.

Kao has previously commented on China's economic challenges, reviewing a new analysis of the country's imbalanced economy and persistent mercantilist policies. He has also announced upgrades to equities summary and capital structure modules at Akadia Capital to improve financial data accuracy. These updates reflect Kao's continued engagement with global market developments and financial infrastructure.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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