Markets Discussion Series Part 2 – Composition of Debt
As the federal debt-to-GDP ratio is set to soar, is it federal debt to GDP or total debt to GDP that counts?
July 8, 2025
David Kotok offers insights and analysis on current economic and political issues and their potential impact on global financial markets. David’s articles and financial market commentaries have appeared in The New York Times, The Wall Street Journal, Barron’s, and other publications. He is a frequent contributor to Bloomberg TV, and Bloomberg Radio, Fox Business, and other media.
As the federal debt-to-GDP ratio is set to soar, is it federal debt to GDP or total debt to GDP that counts?
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