USA Bonds Crisis - Joe Blogs

[TexasTowelie]

In this video I talk about continued problems in the USA Bond Markets. Global investors are growing increasingly concerned about the rising levels of debt and risk and have been selling bonds which is pushing the price down and the yields up. 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
1:22 DEBT
1:59 GDP
2:40 DEBT:GDP
3:28 G20
5:47 WORLD
7:09 YIELD
8:58 MATURITY
9:35 COUPONS
11:47 CURRENT YIELDS
12:50 COST
13:51 USA BUDGET
16:52 SUMMARY & CONCLUSION

[Bernardo de La Paz]

1. Not watched, might later.The 20 year at 5.047 was May of this year. Odd he says "price" when the figure is "yield". . nt

[OnlinePoker]

2. This is why Trump is so desperate for Powell to drop the interest rates.

The States are already spending an onerous amount on debt servicing and it will only get worse if these bonds have to be renewed at a much higher rate.