Lyn Alden says there is less than a 1% chance Congress trims defense spending or reforms Social Security and Medicare to curb the debt spiral

Investor and analyst Lyn Alden said there is less than a 1% chance Congress responds to the 10-year Treasury yield above 5% by trimming defense spending or reforming Social Security and Medicare, arguing there is no political will to curb the debt spiral.

Detected & updated continuously · Source: Nebula