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US Set to Pay Most for 30-Year Debt in Quarter of a Century
The Treasury will offer $25 billion of 30-year debt at its monthly auction later on Thursday. In the when-issued market, where securities are traded before they are actually sold, the new bond has a projected yield of around 5.24% — which would be the highest borrowing cost since 2001.
Interest on the public debt continues to be a key driver of the nation's budget deficit. For the fiscal year to date, the tally is $1.17 trillion — a 15% increase, thanks in part to higher yields on Treasuries.
https://finance.yahoo.com/economy/polic … 00426.html
Lower the rates, Kevin.
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Re: US Set to Pay Most for 30-Year Debt in Quarter of a Century
The US is a bankrupt warmongering police state, but nothing will change because Americans think everything is just fine.
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Phillip_McCavityRe: US Set to Pay Most for 30-Year Debt in Quarter of a Century
We are now paying $3 billion per day in interest charges.
And the constitution says those must be paid first, before we pay anything else.
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Re: US Set to Pay Most for 30-Year Debt in Quarter of a Century
Phillip_McCavity wrote:
We are now paying $3 billion per day in interest charges.
And the constitution says those must be paid first, before we pay anything else.
Now you assholes are concerned about 'the constitution'?
Things are fine.
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M2 MANRe: US Set to Pay Most for 30-Year Debt in Quarter of a Century
Long bonds are pricing another credit rating downgrade. 
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Re: US Set to Pay Most for 30-Year Debt in Quarter of a Century
wrote:
The US is a bankrupt warmongering police state, but nothing will change because Americans think everything is just fine.
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Re: US Set to Pay Most for 30-Year Debt in Quarter of a Century
wrote:
The US is a bankrupt warmongering police state, but nothing will change because Americans won't kick out the Jews.
Fixed for accuracy.
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