Citi's Nathan Sheets said in a report that although the level of US debt poses resistance to the economy and the market, it should be manageable. The world's chief economist said, “Any premium required by the market to absorb upcoming US Treasury bonds will not seriously inhibit economic growth or the government's ability to issue debt. “The core strengths of the US economy — including its resilience and dynamism — give investors confidence to buy US Treasury bonds despite high levels of debt and political noise,” he said. “And, at the end of the day, there are few alternatives to US Treasury bonds.”

Citi's Nathan Sheets said in a report that although the level of US debt poses resistance to the economy and the market, it should be manageable. The world's chief economist said, “Any premium required by the market to absorb upcoming US Treasury bonds will not seriously inhibit economic growth or the government's ability to issue debt. “The core strengths of the US economy — including its resilience and dynamism — give investors confidence to buy US Treasury bonds despite high levels of debt and political noise,” he said. “And, at the end of the day, there are few alternatives to US Treasury bonds.”