Logical Analysis Report

Key Focus

  • The United States risks a bond market crisis of the kind that engulfed the United Kingdom 18 months ago, sending yields soaring and sparking a run on the pound, according to Congress's independent fiscal watchdog. ...
  • Britain's bond market rout in September 2022 offered a cautionary tale of what can go wrong when investors reject a government's plan to borrow more. ...


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High Level Topics

  • DEBT
  • GOVERNMENT
  • MARKET
  • TRUSS
  • High Level Abstractions

  • DEBT(5, 0th Order)
  • ( DEBT )(5, 0th Order)  top
  • ( DEBT, TRUSS )(1, 1st Order)  top
  • ( DEBT, TREASURY_DEPARTMENT )(1, 1st Order)  top
  • ( DEBT, PHILLIP_SWAGEL )(1, 1st Order)  top
  • ( DEBT, INCOME )(1, 1st Order)  top
  • ( DEBT, GOVERNMENT )(4, 1st Order)  top
  • ( DEBT, GOVERNMENT, TREASURY_DEPARTMENT )(1, 2nd Order)  top
  • ( DEBT, GOVERNMENT, PHILLIP_SWAGEL )(1, 2nd Order)  top
  • ( DEBT, GOVERNMENT, FINANCIAL_TIMES )(1, 2nd Order)  top
  • ( DEBT, GOVERNMENT, DIRECTOR )(1, 2nd Order)  top
  • ( DEBT, FINANCIAL_TIMES )(1, 1st Order)  top
  • ( DEBT, DIRECTOR )(1, 1st Order)  top
  • GOVERNMENT(5, 0th Order)
  • ( GOVERNMENT )(5, 0th Order)  top
  • ( GOVERNMENT, TRUSS )(1, 1st Order)  top
  • ( GOVERNMENT, TREASURY_DEPARTMENT )(1, 1st Order)  top
  • ( GOVERNMENT, PHILLIP_SWAGEL )(1, 1st Order)  top
  • ( GOVERNMENT, MARKET )(2, 1st Order)  top
  • ( GOVERNMENT, INVESTORS )(1, 1st Order)  top
  • ( GOVERNMENT, GILTS )(1, 1st Order)  top
  • ( GOVERNMENT, FINANCIAL_TIMES )(1, 1st Order)  top
  • ( GOVERNMENT, DIRECTOR )(1, 1st Order)  top
  • ( GOVERNMENT, BONDS )(1, 1st Order)  top
  • ( GOVERNMENT, BOND )(2, 1st Order)  top
  • MARKET(5, 0th Order)
  • ( MARKET )(5, 0th Order)  top
  • ( MARKET, TRUSS )(2, 1st Order)  top
  • ( MARKET, BOND )(3, 1st Order)  top
  • ( MARKET, BOND, TRACK )(1, 2nd Order)  top
  • ( MARKET, BOND, SWAGEL )(1, 2nd Order)  top
  • ( MARKET, BOND, PAYING )(1, 2nd Order)  top
  • ( MARKET, BOND, MARKETS )(1, 2nd Order)  top
  • ( MARKET, BOND, INVESTORS )(1, 2nd Order)  top
  • ( MARKET, BOND, INTEREST )(1, 2nd Order)  top
  • ( MARKET, BOND, GOVERNMENT )(1, 2nd Order)  top
  • ( MARKET, BOND, COST )(1, 2nd Order)  top
  • ( MARKET, BOND, BRITAIN )(1, 2nd Order)  top
  • ( MARKET, INTEREST )(1, 1st Order)  top
  • ( MARKET, COST )(2, 1st Order)  top
  • ( MARKET, BANK )(1, 1st Order)  top
  • ( MARKET, YIELDS )(1, 1st Order)  top
  • ( MARKET, WORSEN )(1, 1st Order)  top
  • ( MARKET, US_TREASURY )(1, 1st Order)  top
  • ( MARKET, UNITED_STATES )(1, 1st Order)  top
  • ( MARKET, UNITED_KINGDOM )(1, 1st Order)  top
  • ( MARKET, UNFUNDED )(1, 1st Order)  top
  • ( MARKET, TRUSS-STYLE )(1, 1st Order)  top
  • TRUSS(3, 0th Order)
  • ( TRUSS )(3, 0th Order)  top
  • ( TRUSS, INVESTORS )(2, 1st Order)  top
  • ( TRUSS, UNFUNDED )(1, 1st Order)  top
  • ( TRUSS, TREASURY_DEPARTMENT )(1, 1st Order)  top
  • ( TRUSS, PRIME_MINISTER )(1, 1st Order)  top
  • ( TRUSS, PHILLIP_SWAGEL )(1, 1st Order)  top
  • ( TRUSS, INVESTOR )(1, 1st Order)  top
  • ( TRUSS, INCOME )(1, 1st Order)  top
  • ( TRUSS, GILTS )(1, 1st Order)  top
  • ( TRUSS, FINANCIAL_TIMES )(1, 1st Order)  top
  • References

    • ( DEBT )  top
    • ( DEBT, TRUSS )  top
    •   top. Related article US national debt hits record $34 trillion. . In the UK, tax reductions planned by Truss amounted to the biggest cuts in 50 years and included slashing the top rate of income tax to 40% from 45%
    • ( DEBT, TREASURY_DEPARTMENT )  top
    •   topIn an interview with the Financial Times, CBO director Phillip Swagel said US government debt - which the Treasury Department puts at nearly $35 trillion - is on an "unprecedented" trajectory.
    • ( DEBT, PHILLIP_SWAGEL )  top
    •   top. In an interview with the Financial Times, CBO director Phillip Swagel said US government debt - which the Treasury Department puts at nearly $35 trillion - is on an "unprecedented" trajectory
    • ( DEBT, INCOME )  top
    •   topIn the UK, tax reductions planned by Truss amounted to the biggest cuts in 50 years and included slashing the top rate of income tax to 40% from 45%.
    • ( DEBT, GOVERNMENT )  top
    • ( DEBT, GOVERNMENT, TREASURY_DEPARTMENT )  top
    •   topSee ( DEBT , TREASURY_DEPARTMENT )
    • ( DEBT, GOVERNMENT, PHILLIP_SWAGEL )  top
    •   topSee ( DEBT , PHILLIP_SWAGEL )
    • ( DEBT, GOVERNMENT, FINANCIAL_TIMES )  top
    •   top. In an interview with the Financial Times, CBO director Phillip Swagel said US government debt - which the Treasury Department puts at nearly $35 trillion - is on an "unprecedented" trajectory
    • ( DEBT, GOVERNMENT, DIRECTOR )  top
    •   top. In an interview with the Financial Times, CBO director Phillip Swagel said US government debt - which the Treasury Department puts at nearly $35 trillion - is on an "unprecedented" trajectory
    • ( DEBT, FINANCIAL_TIMES )  top
    •   topSee ( DEBT , GOVERNMENT , FINANCIAL_TIMES )
    • ( DEBT, DIRECTOR )  top
    •   topSee ( DEBT , GOVERNMENT , DIRECTOR )
    • ( GOVERNMENT )  top
    • ( GOVERNMENT, TRUSS )  top
    •   top... offered a cautionary tale of what can go wrong when investors reject a government's plan to borrow more.. . UK government bonds, or gilts, and the pound sold off sharply, partly in response to plans by Truss to issue more debt in order to pay for tax cuts.
    • ( GOVERNMENT, TREASURY_DEPARTMENT )  top
    •   topSee ( DEBT , TREASURY_DEPARTMENT )
    • ( GOVERNMENT, PHILLIP_SWAGEL )  top
    •   topSee ( DEBT , PHILLIP_SWAGEL )
    • ( GOVERNMENT, MARKET )  top
    •   topThe United States risks a bond market crisis of the kind that engulfed the United Kingdom 18 months ago, sending yields soaring and sparking a run on the pound, according to Congress's independent fiscal watchdog.
    •   topBritain's bond market rout in September 2022 offered a cautionary tale of what can go wrong when investors reject a government's plan to borrow more.
    • ( GOVERNMENT, INVESTORS )  top
    •   topBritain's bond market rout in September 2022 offered a cautionary tale of what can go wrong when investors reject a government's plan to borrow more.. . UK government bonds, or gilts, and the pound sold off sharply, partly in response to plans by Truss to issue more debt in order to pay for tax cuts
    • ( GOVERNMENT, GILTS )  top
    •   topBritain's bond market rout in September 2022 offered a cautionary tale of what can go wrong when investors reject a government's plan to borrow more.. . UK government bonds, or gilts, and the pound sold off sharply, partly in response to plans by Truss to issue more debt in order to pay for tax cuts
    • ( GOVERNMENT, FINANCIAL_TIMES )  top
    •   topSee ( DEBT , GOVERNMENT , FINANCIAL_TIMES )
    • ( GOVERNMENT, DIRECTOR )  top
    •   topSee ( DEBT , GOVERNMENT , DIRECTOR )
    • ( GOVERNMENT, BONDS )  top
    •   topBritain's bond market rout in September 2022 offered a cautionary tale of what can go wrong when investors reject a government's plan to borrow more.. . UK government bonds, or gilts, and the pound sold off sharply, partly in response to plans by Truss to issue more debt in order to pay for tax cuts
    • ( GOVERNMENT, BOND )  top
    •   topThe United States risks a bond market crisis of the kind that engulfed the United Kingdom 18 months ago, sending yields soaring and sparking a run on the pound, according to Congress's independent fiscal watchdog.
    •   topBritain's bond market rout in September 2022 offered a cautionary tale of what can go wrong when investors reject a government's plan to borrow more.
    • ( MARKET )  top
    • ( MARKET, TRUSS )  top
    •   top"The danger, of course, is what the UK faced with former Prime Minister (Liz) Truss, where policymakers tried to take an action, and then there's a market reaction to that action," he told the newspaper, referring to the investor backlash against plans for unfunded tax cuts that...
    •   topIn the UK, tax reductions planned by Truss amounted to the biggest cuts in 50 years and included slashing the top rate of income tax to 40% from 45%.
    • ( MARKET, BOND )  top
    • ( MARKET, BOND, TRACK )  top
    •   topBut as higher interest rates raise the cost of paying its creditors, on track to reach $1 trillion per year in 2026, bond markets could "snap back," Swagel added. CNN has contacted the CBO for comment.
    • ( MARKET, BOND, SWAGEL )  top
    •   topBut as higher interest rates raise the cost of paying its creditors, on track to reach $1 trillion per year in 2026, bond markets could "snap back," Swagel added. CNN has contacted the CBO for comment.. . Britain's bond market rout in September 2022 offered a cautionary tale of what can go wrong when investors reject a government's plan to borrow...
    • ( MARKET, BOND, PAYING )  top
    •   topBut as higher interest rates raise the cost of paying its creditors, on track to reach $1 trillion per year in 2026, bond markets could "snap back," Swagel added
    • ( MARKET, BOND, MARKETS )  top
    •   topBut as higher interest rates raise the cost of paying its creditors, on track to reach $1 trillion per year in 2026, bond markets could "snap back," Swagel added. CNN has contacted the CBO for comment.. . Britain's bond market rout in September 2022 offered a cautionary tale of what can go wrong when investors reject...
    • ( MARKET, BOND, INVESTORS )  top
    •   topBritain's bond market rout in September 2022 offered a cautionary tale of what can go wrong when investors reject a government's plan to borrow more.
    • ( MARKET, BOND, INTEREST )  top
    •   topBut as higher interest rates raise the cost of paying its creditors, on track to reach $1 trillion per year in 2026, bond markets could "snap back," Swagel added
    • ( MARKET, BOND, GOVERNMENT )  top
    •   topBritain's bond market rout in September 2022 offered a cautionary tale of what can go wrong when investors reject a government's plan to borrow more.
    • ( MARKET, BOND, COST )  top
    •   topBut as higher interest rates raise the cost of paying its creditors, on track to reach $1 trillion per year in 2026, bond markets could "snap back," Swagel added
    • ( MARKET, BOND, BRITAIN )  top
    •   top... higher interest rates raise the cost of paying its creditors, on track to reach $1 trillion per year in 2026, bond markets could "snap back," Swagel added. CNN has contacted the CBO for comment.. . Britain's bond market rout in September 2022 offered a cautionary tale of what can go wrong when investors reject a government's plan to borrow more
    • ( MARKET, INTEREST )  top
    •   topSee ( MARKET , BOND , INTEREST )
    • ( MARKET, COST )  top
    •   topSee ( MARKET , BOND , COST )
    •   top... Truss amounted to the biggest cuts in 50 years and included slashing the top rate of income tax to 40% from 45%.. . Even in the absence of Truss-style dysfunction in the US Treasury market, the increased cost of servicing debt after a recent rapid run-up in official interest rates is siphoning ever greater amounts of money away from US public services
    • ( MARKET, BANK )  top
    •   top"Were dysfunction in this market to continue or worsen, there would be a material risk to UK financial stability," Dave Ramsden, a senior official at the central bank, said at the time.
    • ( MARKET, YIELDS )  top
    •   topThe United States risks a bond market crisis of the kind that engulfed the United Kingdom 18 months ago, sending yields soaring and sparking a run on the pound, according to Congress's independent fiscal watchdog
    • ( MARKET, WORSEN )  top
    •   topThe Bank of England was ultimately forced to intervene, pledging to buy gilts on "whatever scale is necessary.". . "Were dysfunction in this market to continue or worsen, there would be a material risk to UK financial stability," Dave Ramsden, a senior official at the central bank, said at the time
    • ( MARKET, US_TREASURY )  top
    •   top... UK, tax reductions planned by Truss amounted to the biggest cuts in 50 years and included slashing the top rate of income tax to 40% from 45%.. . Even in the absence of Truss-style dysfunction in the US Treasury market, the increased cost of servicing debt after a recent rapid run-up in official interest rates is siphoning ever greater amounts of money away from US public services
    • ( MARKET, UNITED_STATES )  top
    •   topIs America at risk of a bond market meltdown.. . Hanna Ziady.. By Hanna Ziady, CNN.. Published 8:37 EDT, Tue March 26, 2024.. . The United States risks a bond market crisis of the kind that engulfed the United Kingdom 18 months ago, sending yields soaring and sparking a run on the pound, according to Congress's independent fiscal watchdog
    • ( MARKET, UNITED_KINGDOM )  top
    •   topPublished 8:37 EDT, Tue March 26, 2024.. . The United States risks a bond market crisis of the kind that engulfed the United Kingdom 18 months ago, sending yields soaring and sparking a run on the pound, according to Congress's independent fiscal watchdog
    • ( MARKET, UNFUNDED )  top
    •   top... Prime Minister (Liz) Truss, where policymakers tried to take an action, and then there's a market reaction to that action," he told the newspaper, referring to the investor backlash against plans for unfunded tax cuts that forced Truss to resign after just 45 days in office.
    • ( MARKET, TRUSS-STYLE )  top
    •   topIn the UK, tax reductions planned by Truss amounted to the biggest cuts in 50 years and included slashing the top rate of income tax to 40% from 45%.. . Even in the absence of Truss-style dysfunction in the US Treasury market, the increased cost of servicing debt after a recent rapid run-up in official interest rates is siphoning ever greater amounts of money away from US public services
    • ( TRUSS )  top
    • ( TRUSS, INVESTORS )  top
    •   topSee ( GOVERNMENT , INVESTORS )
    •   topMortgage rates and other borrowing costs soared as investors demanded much higher premiums for owning UK debt.
    • ( TRUSS, UNFUNDED )  top
    •   topSee ( MARKET , UNFUNDED )
    • ( TRUSS, TREASURY_DEPARTMENT )  top
    •   topIn an interview with the Financial Times, CBO director Phillip Swagel said US government debt - which the Treasury Department puts at nearly $35 trillion - is on an "unprecedented" trajectory.. Advertising
    • ( TRUSS, PRIME_MINISTER )  top
    •   top... government debt - which the Treasury Department puts at nearly $35 trillion - is on an "unprecedented" trajectory.. Advertising. . "The danger, of course, is what the UK faced with former Prime Minister (Liz) Truss, where policymakers tried to take an action, and then there's a market reaction to that action," he told the newspaper, referring to the investor backlash against plans for unfunded...
    • ( TRUSS, PHILLIP_SWAGEL )  top
    •   topIn an interview with the Financial Times, CBO director Phillip Swagel said US government debt - which the Treasury Department puts at nearly $35 trillion - is on an "unprecedented" trajectory.
    • ( TRUSS, INVESTOR )  top
    •   top... what the UK faced with former Prime Minister (Liz) Truss, where policymakers tried to take an action, and then there's a market reaction to that action," he told the newspaper, referring to the investor backlash against plans for unfunded tax cuts that forced Truss to resign after just 45 days in office
    • ( TRUSS, INCOME )  top
    •   topSee ( DEBT , INCOME )
    • ( TRUSS, GILTS )  top
    •   topSee ( GOVERNMENT , GILTS )
    • ( TRUSS, FINANCIAL_TIMES )  top
    •   topIn an interview with the Financial Times, CBO director Phillip Swagel said US government debt - which the Treasury Department puts at nearly $35 trillion - is on an "unprecedented" trajectory.