Treasuries are priced alongside term SOFR at one year [1][2]. The cost to insure U.S. debt is in line with where it's been for the last five years [3]. (And around where they were ten years ago.)
This has nothing to do with investors' perceptions of U.S. credit and everything to do with the financial rates environment.
[1] https://home.treasury.gov/resource-center/data-chart-center/...
[2] https://www.global-rates.com/en/interest-rates/cme-term-sofr...
[3] https://en.macromicro.me/charts/68239/us-5year-cds
KAkasey_junk11小时前
It feels weird to focus on US debt here when the entire west is facing similar challenges (except Switzerland…)
The UK bonds are the highest since the 90s and Japanese debt has never been higher.
There is a fiscal problem but it’s not an _American_ one unless you just assume all international finance is a US issue.
UNunknown12小时前
[deleted]
CACamperBob212小时前
I dunno, guys, maybe hiring a guy who bankrupted 4 casinos wasn't the right way to go after all
RBrbanffy12小时前
Hear that? It’s the sound of an empire collapsing.
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Treasuries are priced alongside term SOFR at one year [1][2]. The cost to insure U.S. debt is in line with where it's been for the last five years [3]. (And around where they were ten years ago.) This has nothing to do with investors' perceptions of U.S. credit and everything to do with the financial rates environment. [1] https://home.treasury.gov/resource-center/data-chart-center/... [2] https://www.global-rates.com/en/interest-rates/cme-term-sofr... [3] https://en.macromicro.me/charts/68239/us-5year-cds
It feels weird to focus on US debt here when the entire west is facing similar challenges (except Switzerland…) The UK bonds are the highest since the 90s and Japanese debt has never been higher. There is a fiscal problem but it’s not an _American_ one unless you just assume all international finance is a US issue.
[deleted]
I dunno, guys, maybe hiring a guy who bankrupted 4 casinos wasn't the right way to go after all
Hear that? It’s the sound of an empire collapsing.