MartyBent on Nostr: The U.S. is rolling over a $66B 10-year bond from 2015 with a 2.00% coupon into a new ...
The U.S. is rolling over a $66B 10-year bond from 2015 with a 2.00% coupon into a new 10-year bond at 4.55%.
This single rollover adds $1.67B per year in extra interest costs.
Debt refinancing at higher rates is just beginning. The real pain is still ahead.
https://primal.net/e/naddr1qqxnzden8y6rsd3hxservwpkqgsgt0d4sa0pz0wvn9yck36xxezf3qhwzksu0q254vruqed5wvuavusrqsqqqa284043ts
This single rollover adds $1.67B per year in extra interest costs.
Debt refinancing at higher rates is just beginning. The real pain is still ahead.
https://primal.net/e/naddr1qqxnzden8y6rsd3hxservwpkqgsgt0d4sa0pz0wvn9yck36xxezf3qhwzksu0q254vruqed5wvuavusrqsqqqa284043ts