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almost_usual
on June 13, 2022
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Finally, no bid on mortgage-backed securities
11% interest on 30+ trillion dollars of national debt.
thomasahle
on June 13, 2022
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Doesn't interest rate changes only affect future debt?
jnwatson
on June 13, 2022
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Average maturity of US debt is sitting at 65 months right now. The treasury borrows at several maturities for various practical purposes, including that shorter term maturities have lower rates.
Most of the current debt will have to be refinanced.
rayiner
on June 13, 2022
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Wait what? I remember when it crossed $10 trillion. When did we become Japan?
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