Treasury Yields Spike, 3-Year by 25 Basis Points. Mortgage Rates Hit 7.34%. Services Inflation Smacks Down Rate-Cut Mania by Wolf Richter • Apr 10, 2024 • 185 Comments A Bloodbath was had by all?
10-Year Yield Hits 4.40% as Bond Market Begins to Adjust to Higher Forever: Higher Rates and Higher Inflation by Wolf Richter • Apr 5, 2024 • 204 Comments Suddenly lots of talk the 10-year yield will revisit 5%, which is funny just a few months after Rate-Cut Mania.
Curse of Easy Money: US Government Interest Payments on the Ballooning Debt v. Tax Receipts, Higher Interest Rates, Inflation by Wolf Richter • Mar 31, 2024 • 201 Comments Biggest Drunken Sailors of all. Average interest rate on the Treasury debt spiked but is still only half of what it was in 2001.
Higher Forever? Even Yellen Starts to Get it: Higher Inflation & Higher Yields Are Here to Stay by Wolf Richter • Mar 13, 2024 • 201 Comments “It seems unlikely that yields are going to go back to being as low as they were before the pandemic”: Yellen.
Treasury Department Trying Very Hard to Push Down Yields with its Quarterly Refunding Announcements. So We Take a Look by Wolf Richter • Jan 29, 2024 • 118 Comments Here come the “Marketable Borrowing Estimates,” showing by how much the pile of outstanding marketable Treasury securities will increase.
US Debt-to-GDP Ratio Worsens Further, Despite Solid Economic Growth, as Government Debt Balloons at a Scary Pace by Wolf Richter • Jan 27, 2024 • 301 Comments The economy grew solidly. The debt spiked.
The Year of the Recession that Didn’t Come: Our Drunken Sailors Partied & Spent, GDP Jumped by Wolf Richter • Jan 25, 2024 • 100 Comments All major categories of spending and investment pulled in the same direction.
The Incredibly Ballooning US Government Debt Spikes by $1 Trillion in 15 Weeks to $34 Trillion by Wolf Richter • Jan 2, 2024 • 178 Comments Interest payments threatening to eat up half the tax receipts may be the only disciplinary force left to deal with Congress.
Are Foreign Holders Finally Bailing Out of the Incredibly Ballooning US National Debt? by Wolf Richter • Dec 20, 2023 • 111 Comments China and Brazil shed large portions of their holdings, but the top financial centers loaded up.
Interest Payments on the Ballooning Federal Debt vs. Tax Receipts & GDP: Not as Bad as in 1982-1997, but Getting There by Wolf Richter • Nov 29, 2023 • 76 Comments Our drunken sailors in Congress better head to the detox.
