The U.S. is rolling over a $66B 10-year bond from 2015 with a 2.00% coupon into a new 10-year bond at 4.55%.
This single rollover adds $1.67B per year in extra interest costs.
Debt refinancing at higher rates is just beginning. The real pain is still ahead.
https://primal.net/e/naddr1qqxnzden8y6rsd3hxservwpkqgsgt0d4sa0pz0wvn9yck36xxezf3qhwzksu0q254vruqed5wvuavusrqsqqqa284043ts
MartyBent / Marty Bent
npub1gu…y6hjy
2025-02-13 23:12:52
Author Public Key
npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjyPublished at
2025-02-13 23:12:52Event JSON
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"pubkey": "472f440f29ef996e92a186b8d320ff180c855903882e59d50de1b8bd5669301e",
"created_at": 1739488372,
"kind": 1,
"tags": [],
"content": "The U.S. is rolling over a $66B 10-year bond from 2015 with a 2.00% coupon into a new 10-year bond at 4.55%.\n\nThis single rollover adds $1.67B per year in extra interest costs.\n\nDebt refinancing at higher rates is just beginning. The real pain is still ahead.\n\nhttps://primal.net/e/naddr1qqxnzden8y6rsd3hxservwpkqgsgt0d4sa0pz0wvn9yck36xxezf3qhwzksu0q254vruqed5wvuavusrqsqqqa284043ts",
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}