NOT IF INTEREST ON THE 10YR NOTE goes above 3.50%...
...remember this post?...I put it at the top of the intro page...and tomorrow I will look at it(the Intro page)... and see if I want to add anything new... I like this Big Picture Assessment and intend to re-assess it every week. The assessment makes sense...and yes something has got to give...tRUMP may just choose to default rather than pay such an insane amount of interest...that's how he ran his own business...what comes with a default is the interesting thing...(I could guess ...but not yet... there's better minds on this stuff than mine...) Enjoy...
When the 10-year yield curve presses to 3.0% as it has now, it is challenging a descending trend line that began back in 1980 (blue line), when inflation was outrageous but our national debt was minimal.
Should the 10-year Treasury yield breach above 3% on $21 trillion the interest will start to average $630 billion. At 3.5% it jumps to $735 billion. Something has to give when interest on the national debt gets this high.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.