That can be a reasonable strategy if you're sure you'll be able to service that debt and if you can take on the debt before the interest rates go up significant

That can be a reasonable strategy if you're sure you'll be able to service that debt and if you can take on the debt before the interest rates go up significantly. There will likely be a nasty recession coming which is why you want to make sure you're in a position to service the debt even if you were to lose your job. Also, you'll probably want to keep some of your powder dry so that if 30 year TBills start paying, say, 7% or more that you're in a position to buy some of those. People who bought 30 year TBills in the early 80s when they were paying in the mid-teens did really well. Maybe we'll see that kind of opportunity again.