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The interest on their debt would be 6-8% if the US Treasury yield wasn't artificially manipulated by the Fed to ~0%. They'd be paying 3-4x that on interest. Th
by onlyrealcuzzo 7y ago
The interest on their debt would be 6-8% if the US Treasury yield wasn't artificially manipulated by the Fed to ~0%.
They'd be paying 3-4x that on interest. That's a decent chunk of their profits / buybacks.