Something’s Gotta Give – Ep 798
The Peter Schiff Show Podcast
00:00
Bond Yields Are Going to Rise to Six and a Quarter by August, Without the Stock Market Crashing
The pace at which bond yields are rising is actually faster in the last five weeks than in the past three months. The national debt is over 30 trillion dollars and it's all financed with short term treasuries. If interest rates went to ten % and stayed there, that would cost the us. Government over three trillion dollars just to pay the interest on the debt each and every year.
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