Given the 1.75% 30-yr yield, what is the Trudeau-Morneau fiscal policy costing us? Fed debt in 15-16: $634B Fed debt in 19-20: $705B Change in debt: $71B Cost to finance @ 1.75% = $1.24B/yr So, the cost of financing is $1.24B/yr. That's what all the sturm and drang is about.
Link https://twitter.com/kevinmilligan/status/1135915915449528321?fbclid=IwAR3owXcnxEbsZlBF0tkxMdRi_1bHWVQ8KWUa0EGLYGMv2eBY_9i_GjwxGBY
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