Billionaire investor Ray Dalio said the the debt buyback announcement this week fits into a larger pattern that could signal a forthcoming debt crisis.
Source: [CNBC](https://www.cnbc.com/2026/08/21/ray-dalio-bessent-debt-crisis-bitcoin-gold.html)
The debt has more than doubled in a decade to reach a milestone $40tn (£29. 4tn), Treasury figures show.
Bloomberg's Nikki Waller and David Gura join Scarlet Fu and Tom Keene on "Bloomberg Money. " The Treasury surprised traders this week with its plan to buy back more debt. Long-dated yields plunged on Wednesday in response to the news, only to rebound the next day.
Comprehensive cross-platform coverage of the U. S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Sally Bakewell, Carol Massar and Emily Graffeo.
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The Miami Dolphins lost an offensive lineman to an injury during their joint practice, now they've brought in a linebacker to take his roster spot.
Bloomberg's Nikki Waller, Sarah Frier, and David Gura join Scarlet Fu and Tom Keene on "Bloomberg Money. " They discuss the whiplash in the US Treasury market this week and how it impacts personal finance and politics.