LogFAQs > #895950394

ArchiePeck posted...

Republican governments tend to raise our debt in order to spend, with the intent of creating economic growth. There are pros and cons to both methods.

one major con is driving up treasury yields

which drives up bond yields in general

which can kill equity values

imo it won't matter because this budget will be ignored and the status quo maintained

because congress doesnt want yields up and the fed is unlikely to enact another round of t-bond buying to drive yields back down

https://fred.stlouisfed.org/series/TREAST
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