No. of Recommendations: 16
"The U.S. Treasury auctioned $25 billion in 30-year bonds at a 5.216% yield, marking a 25-year high that underscores escalating
long-term borrowing costs and mounting national deficit pressures." (This is good right?)
"The US is now paying the highest borrowing costs to sell 30-year bonds since 2001 as investors fret over the country's mounting debt pile under
Trump's administration as well as inflation that remains stubbornly high."
"Donald Trump Once Promised He Would Eliminate America’s $19 Trillion in Debt.
The Total Is Now Approaching $50 Trillion."
For perspective:
"The more likely one perceives the possibility of default (including currency risk), the higher the interest rate you demand. Simple!
10 year benchmark Greek bond yield: 3.78%
10 year benchmark US bond yield: 4.65%
Times have changed." ~Jim,
mungofitch writes on Credibility - straws in the windAre we great again, again?...
finance.yahoo.com - US sells bonds highestfinance.yahoo.com - Donald trump once said eliminate