Briefly
U.S. growth rate 8.5%…exceeds average Treasury yield of 3.4%
TD Securities: If rates are kept unchanged, interest expense for fiscal year 2029 is expected to reach $1.6 trillion
Nominal growth slowdown…what happens if Treasury yields stay at 5% or higher?
Read Darryn Pollock’s original article on kr.beincrypto.com: “8.5% growth…3.4% interest, the U.S. debt vicious-cycle equation”
U.S. growth rate 8.5%…exceeds average Treasury yield of 3.4%
TD Securities: If rates are kept unchanged, interest expense for fiscal year 2029 is expected to reach $1.6 trillion
Nominal growth slowdown…what happens if Treasury yields stay at 5% or higher?
Read Darryn Pollock’s original article on kr.beincrypto.com: “8.5% growth…3.4% interest, the U.S. debt vicious-cycle equation”