Re: S&P Dax Mib.. trading ¶
By: pana on Martedì 20 Novembre 2018 16:11
Global Implications of a US Credit Default
8.1% of Federal revenues currently go towards servicing the enormous debt and this figure is set to rise to over 20% before the end of the next decade.
Interest rates have started to increase from historically low rates and are expected to reach 4.3% by 2024. Another problem facing the US is the relatively short maturity dates on treasury bonds compared with the EU and Asia.