Treasury yields are already blowing up the CBO’s long-term forecasts, and experts who previously downplayed U.S. debt fears are now starting to worry

Treasury yields exceeded 5%, far above the Congressional Budget Office's February forecasts of 4.1-4.4%, driven by a hot economy, rising geopolitical tensions, and competition for bond capital. Experts previously skeptical of debt concerns now warn that sustained elevated yields could push annual interest payments to $2.7 trillion by decade's end, potentially triggering a fiscal crisis.