Its about time the gov started paying investors more for the use of their hard-earned money.
It only comes hard for the politically disenfranchised. The elite get all of the Federal Reserve Notes they want without earning them. At any rate, the debt's so large that a small increase in the interest rate will cause a runaway increase in total debt as larger portions of deficits get allocated to simply pay interest. The Fed admits to buying $45 billion of Treasuries a month. This month and next they need to substantially increase their buying just to cover debt rollover.
Interesting stuff.... not sure what it all means.... is the Fed’s purchase of treasuries to buy back debt because its maturing, and what exactly is debt rollover....basically pushing forward the debt you owe, extending the life of the debt and interest?