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Title: US Debt-Servicing Costs Skyrocket: $1.4 Trillion In Interest Payments On Deck
Source: [None]
URL Source: https://www.zerohedge.com/markets/u ... rillion-interest-payments-deck
Published: Nov 4, 2022
Author: Tyler Durden
Post Date: 2022-11-04 16:34:47 by Horse
Keywords: None
Views: 20

If the current ~4.5% average yield curve rate propagates to all $31 trillion worth of debt, we are looking at $1.4 trillion per year just in interest payments. This would be 29% of the 2022 FY total Federal tax receipt.

Poster Comment:

$1.412 trillion would be double the current $706 billion. But that burden would be met by money printing which would require higher interest rates to compensate for the added inflation.

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