So right now the yield curve is inverted. This means the demand for medium term government bonds is high, so their interest rate is low (lower than short term)

So right now the yield curve is inverted. This means the demand for medium term government bonds is high, so their interest rate is low (lower than short term). https://www.gurufocus.com/yield_curve.php https://www.gurufocus.com/yield_curve.php Historically this means a recession is coming. The reason is that investors are thinking that other investment options are not good, so they are parking their money in safe bonds. Anyway, this is good for government dept I guess. Government dept is held mostly in short term, so the percentage of government spending used to service dept is very quickly tied to interest rates. Things can go bad fast if interest rates go up.