Chart of the Week: Assets Performance (YTD)
Global stocks and bonds are strongly positive YTD with oil falling substantially.
Debt dilemma
U.S. total public debt and budget balance, 2005-2023
Source: BlackRock Investment Institute with data from Federal Reserve Bank of St. Louis, Bureau of the Fiscal Service and Refinitiv Datastream, June 2023. Notes: The left chart shows total public debt and the right chart shows the U.S. federal government budget balance, both as a share of GDP.