Bondaid…
Hi Rosemary,
Europe
holds over $8T of US Treasury Bonds, and the US already pays around $1T per
annum interest on its national debt – just keeping its head above water…
If someone was to start selling off a significant quantity of bonds, prices
would go down and the interest rate charged to the US Government would go
up…
Food for
thought?
Yours
with best wishes,
James
Dear Rosemary,
Because of America’s very high national debt (over $38T presently), and the large amount of interest it subsequently has to pay to service it (currently around $1T per annum), and because it is highly vulnerable as it’s close to a threshold, https://fortune.com/2026/01/15/national-debt-today-interest-payments-per-year/, it wouldn’t take the selling off of that many bonds to have a major impact on the US…
Yours with best wishes,
James
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