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jumanji0881

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jumanji0881

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Tuesday, 12/14/2021 2:08:24 PM

Tuesday, December 14, 2021 2:08:24 PM

Post# of 37921
U.S. Senate advances toward boosting debt limit to $31.4 trillion : https://www.msn.com/en-us/news/politics/u-s-senate-to-vote-on-2-5-trillion-boost-to-federal-debt-limit/ar-AARNFcW?ocid=msedgntp

My Comment: This $2.5T increase is supposed to last into early 2023. Will it be enough ? I'm expecting the national debt to be between $40T and $50T by 2026. When will Treasuries factor in the risk of owning government debt by having higher rates ? With such a huge national debt, small rate increases have a dramatic effect on the deficits.
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