• National Debt Hits $30 Trillion; Rising Rates May Boost it

    From Fred Bloggs@21:1/5 to All on Wed Feb 2 15:34:01 2022
    Rising Interest Rate Could Mean Rising Debt Costs
    Now the concern is that rising interest rates will increase the government’s debt-service costs. The 10-year Treasury yield has risen 67 basis points over the last year to 1.77%. And the Federal Reserve has indicated it will likely begin raising rates
    in March, with economists and investors generally expecting four or more rate hikes this year.

    I just love all these phony trip point ratios they cite without having a clue hell what they really mean if anything.


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