So when we have high growth, then the deficit to GDP comes down and that's how we pay down this debt. Interest rates. We had the 10 year bond did the best that it had since 2020. Last year we were the best performing G7 economy in the bond market. And one of the reasons that the bond market has been so tame is because we are getting our fiscal house in order to So I will take the market over the CBO any day. (12:57–13:02)
CLAIM
Asserts that the U.S. was the best performing G7 economy in the bond market last year.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.