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Large share of federal government debt is short duration meaning it has to be rolled over at current rates on a regular basis. Rising rates would definitely dri
by pmorici 5y ago
Large share of federal government debt is short duration meaning it has to be rolled over at current rates on a regular basis. Rising rates would definitely drive up costs dramatically.
- nl 5y agoThat's what the bond price is! It shows how much room there is for increased costs before there are any real concerns.