Shinhan Bank said rapidly rising U.S. government debt does not necessarily mean an imminent debt crisis, despite the 30-year U.S. Treasury yield standing at around 5.3% and national debt surpassing $40 trillion. Oh Gun-young, head of Shinhan Premier Pathfinder, said higher interest payments can force additional borrowing as markets shift from expecting rate cuts to anticipating increases. He also said Japan and China, major holders of U.S. Treasurys, would struggle to avoid losses if the United States faltered. Oh identified productivity gains from artificial intelligence as a potential way to support economic growth and stabilize prices without requiring further rate increases.