Could we be in a vicious cycle where the US has to sell over $1 trillion in treasuries this year, causing the supply of bonds to rise, driving up interest rates, which results in the US needing to issue more bonds to service the higher debt payments, which drives up rates more, which slows down the economy, requiring the govt to issue more debt because revenues decline, which causes interest rates to rise, so on and so forth....
Submitted February 09, 2018 at 07:55AM by warrenfgerald http://ift.tt/2nNCU2b
