Category Archives: Daily Top Ten

Topley’s Top 10 – June 7, 2021

1. Rising Rates? A 3% jump in yields would send the U.S. debt service from $303 billion to $975 billion.

We would spend more on debt service than defense, and would approach the cost of funding Social Security. The Federal Reserve knows how tenuous the situation can become if yields were to surge higher.

Barrons-Scary Debt-Service ScenarioPCM Report June 2021 https://www.barrons.com/articles/keep-an-eye-on-the-money-supply-its-been-shrinking-51622851213?mod=past_editions

10 Year Treasury Yield 1.56% Last

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