With the national debt nearing $40 trillion, Bank of America has a warning for bond investors

The U.S. national debt has reached $40 trillion, representing a doubling of the total since 2017. In light of this significant increase, Bank of America has issued a specific warning directed at bond investors. This financial milestone was highlighted as Specialist Gregg Maloney worked on the floor of the New York Stock Exchange on Friday, August 7, 2026, reflecting the current state of the national debt and its implications for the broader investment market.