03-04-2023, 11:35 PM
|
#1034
|
|
Lifetime Suspension
Join Date: Jul 2012
Location: North America
|
Quote:
Originally Posted by opendoor
172? You expect a $0.60 Euro or a sub-$0.50 CAD? Good luck with that.
The US is too debt laden to keep increasing treasury rates all that much more. Right now they're paying about 10% of their revenue on servicing their $31T debt with an average effective interest rate of 1.6%. 5% will be enough of a shock; they'll accept a higher inflation target before they start spending 40-50% of their revenue on interest payments.
|
I guess we’ll see.
|
|
|