The Hidden Bill | Who actually pays for a government's rising debt costs

Capital InfrastructureCentral Banks
Written By Pallavi Sehgal

So far the series has been about supply — how much new debt the market has to swallow, and on what terms. That's one half of the ledger. The other half is simpler and closer to home: when government borrowing gets more expensive, who actually feels it?

#Treasuries, #AbsorptionPremium, #WhoPays, #InterestRates, #Inflation, #RealAssets, #FundamentalsThroughTheNoise

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After the Free-Money Era | What Fifteen Years ofNear Zero Interest Rates Left Behind