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There is 30T in government debt, and interest payments last year were ~500B/~6T of total spending. What impact would a 1% move have on these payments, is this
by cavisne 5y ago
There is 30T in government debt, and interest payments last year were ~500B/~6T of total spending.
What impact would a 1% move have on these payments, is this public information? (ie. how much is fixed vs floating etc).
Can the Fed even raise rates in an environment like that?