Barry Ritholtz posted this today. Reposting here for the record.
(h/t Keven Fathi via email)
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Source: What Drives The Bond Market?
Chicago CFA Handout by Bianco Research LLC
January 18, 2011
Per a request in the comments, here are some historical charts of the national debt for comparison.
What was that about high public debt correlating with high interest rates?
2 comments:
I would like to see US "debt" over-layed. Wasn't WWII and now high debt with low interest in contradiction with some financial thinking.
I just updated the post with historical charts of the national debt.
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