What to know about recent Bond Trends | Global Macro 74

[@detectiveofmoneypolitics]

Detective of Money Politics is following this very informative content cheers from VK3GFS and 73s from Frank from Melbourne Australia

[@stanminna1761]

We're still paying compounding "minimum amount due" from iraq and afghanistan trillions bill, thanks to the Republican party's poor strategic decisions

[@stanminna1761]

This guy seems to think it's better to have higher debt costs now than later; in my opinion he seems to overlook that his solution would likely cost more due to higher current debt costs which means more debt later via *compounding* Guy's clueless, hyperpartisan and represents bond traders wanting higher yields, imo. He overlooks previous high bill issuance periods (i think he was a part of), discounts the fact that it *is* wartime. I think bill issuance was high during a period in 2000s, 2020(his era in govt), and now (russia war) The US cannot afford a substantial recession. Nor can it afford high longterm debt because higher 10yr will kill economy in addition to having to pay that bill