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Posted by
Two Blokes May 19 -
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General
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#TwoBlokesTrading
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An increase in yields for long-term Treasury notes tends to coincide with concerns among investors about the long-term effects of the growing national debt, which sits at $36.2 trillion as of May 15, according to the Treasury Department. In Moody's announcement to cut the U.S.' credit rating last week, the agency said its downgrade “reflects the increase over more than a decade in government debt,” while the U.S.' interest payment ratios are “significantly higher than similarly rated sovereigns.
