Treasury Yields Soar as Ballooning U.S. Deficit Worries Wall Street • Hacker News Board

Re: Treasury Yields Soar as Ballooning U.S. Deficit Worries Wall Street

#51

Post by const_cast » Thu, May 22, 2025, 7:55 PM UTC

jameslk wrote: post #47

jmye wrote: post #39

Earlier quoted context omitted.

[flagged]

I’ve been consistently discussing the federal debt through this whole thread. Your accusations seem trollish, disregarding my larger point about fiscal policy/debt and the context of the article (the debt), so I won’t be responding further. Good day, sir

If the budget is balanced and there is a surplus, then you will eventually have zero debt. Eventually. That means you have to stick to it, and not get sabotaged by low-effort conservative fiscal policy.

The story of US policies since the 70s is the republicans fuck some shit up, democrats almost fix it or rarely sometimes actually fix it, then people say the democrats are bad with money because reasons, and then the republicans come back in and fuck it up even more.

I mean, after the con that we call Reaganomics how are we still entertaining this bullshit? Do we truly never learn?

Re: Treasury Yields Soar as Ballooning U.S. Deficit Worries Wall Street

#52

Post by tossandthrow » Sun, May 25, 2025, 4:52 PM UTC

onecommentman wrote: post #23

Some historical context over 40 years: https://www.macrotrends.net/2521/30-year-treasury-bond-rate-...

You need to the context of how much debt the government has.

4% on a couple of trillions is vastly different from 4% on 35 trillion.

The metric you want to surveil is how much of the US tax revenue that goes to servicing this debt

Re: Treasury Yields Soar as Ballooning U.S. Deficit Worries Wall Street

#53

Post by tossandthrow » Sun, May 25, 2025, 4:55 PM UTC

Yeul wrote: post #37

6510 wrote: post #30

I'm told the Wall Street folk will need to buy bonds or Trump will sink the ship. The question is, how do you expect him to refinance 7T in debt by the end of 25? Implode the dollar?

To be fair the US is too big to fail. As Europe was forced to "do whatever it takes" to save the euro and bail out Greece the entire world can't stand by and watch America sink.

It is probably not going to be a big bang, but a slow fizz.

The rest of the world will probably not let the usd be the reserve currency, if the US does not show that it is able to manage that.