ML - The way the world works - analyzing how things work
ML - The way the world works - analyzing how things work
David Nishimoto
HOW WILL THE US REDUCE FOREIGN
2 minutes Posted Aug 1, 2022 at 10:18 pm.
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What if The US government announced a range of initiatives to attempt to reduce the $28 trillion of outstanding debt The most significant of these tactics could be a delay in the payments of $329 billion dollars of interest payments on the debt for the first time in history
https://www.pgpf.org/blog/2022/05/interest-costs-on-the-national-debt-set-to-reach-historic-highs-in-the-next-decade. The yield on the 30-year bonds was 2.96 per cent, which is the highest since January
https://www.cnbc.com/quotes/US30Y
This is the highest level since January, reflecting the continuing concern about the US's financial health
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