Analysis Challenges Debt Panic Amidst Normal Interest Rates

Normal Interest Rates: What The Debt Panic Gets Wrong

Normal Interest Rates: What The Debt Panic Gets Wrong Authored by Lance Roberts via RealInvestmentAdvice.com, A 5% long bond isn’t the crisis, it’s the receipt, and the fifteen years when money was free did far more damage to growth than normal interest rates ever will. This past week, two charts crossed my desk, arguing the same thing from opposite ends. The Kobeissi Letter flagged that U.S. borrowing rates just hit their highest level since 2007. Then, my friend and colleag...

By Tyler Durden