Investment insights from Capital Group
1. Source: Congressional Budget Office as of 4 March 2021. Federal debt held by the public. Long term forecast excludes the impact of the American Rescue Plan Act of 2021 and assumes no meaningful changes to current laws affecting US government revenues and spending.
2. Sources: Bureau of Economic Analysis, Federal Reserve, Refinitiv Datastream. As of 31 March 2021. Chart displays the difference in percentage points between the year-over-year growth rate of nominal GDP and the nominal 10-year US Treasury yield on a quarterly basis since the first quarter of 1962.
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