Dalio Warns US Treasury Sell-Off Far From Over as Debt Spiral Looms

Ray Dalio warns that the US Treasury sell-off has a 'long way to go' as rising government and corporate debt collides with weakened demand from traditional buyers. He argues that increasing bond supply will drive yields higher, raising borrowing costs and perpetuating a debt spiral until higher rates weaken the economy enough to rebalance supply and demand. The claim is an opinion from a prominent investor, not a market event, but it reflects growing concerns about fiscal sustainability and bond market dynamics.