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sc ks | The market sees higher growth/inflation so it demands higher rates. Once tax season ends they'll be needing to issue more debt as the Treasury General account declines. The higher the gov interest expense goes, the more new debt is needed. The foreigners aren't buying like they used to so it's up to Americans and banks to buy it. And so up the yield goes until a deflationary event occurs. Then more stimulus will happen, meaning.....more debt! Then QE starts back up because the Fed will have to buy it....and the musical chairs clatter along until the market finally overpowers the central planners and then......don't ask me
Edited by dogg4585 4/15/2024 23:09
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10yr t bill
