telegraph wrote: Now imagine 15% interest rates on treasury notes with 20 trillion in debt? That's 3 trillion a year in interest...when the gov't take in...what, 2.7 trillion a year!......Treasury Notes mature in two to ten years, so how would current holdings bear debt load of 15% interest? The interest rate can't unilaterally change. Today's Treasury Notes yield about 2% but I can't find data re how much of U. S. debt is comprised of Treasury Notes.http://www.treasurydirect.gov/govt/rates/pd/avg/2012/2012_08...
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