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USA Bond Crisis Deepens - Joe Blogs
In this video I talk about continued problems in the USA Bond Markets. The USA recently issued $16 Billion 20 Year Bonds at a price of 5.047 which is the highest at any time in the past 20 years. Bond prices are continuing to fall and bond yields are continuing to rise and this will increase interest costs for USA debt which is a problem as total debt is now more than $36 Trillion and is continuing to rise.
Chapters:
0:00 Intro
0:58 20 YEAR BONDS
3:39 COST INCREASE
4:38 BOND MATURITY
6:24 INTEREST BILL
7:47 TOTAL DEBT
9:07 DOLLAR
9:36 BBB
11:36 SUMMARY & CONCLUSION