[central_va]

Bank rates are tied to U.S. Treasury rates — which were lower on Christmas than they were on Halloween.

So that will never change? The pressure is upwards now.

[Alberta's Child]

Interest rates on U.S. Treasury bills are driven by our national debt. When the world loses confidence in our inability to pay our debt without massive inflation, then the rates will rise. They haven’t risen very much, so the U.S. is still seen as a safe haven even with $22 trillion in debt.