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How U.S. Borrowing Costs Might Rise
Published : February 25th, 2013
118 words - Reading time : less than a minute
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Here’s one of the key charts from a new study by four economists who argue that the nation’s ongoing fiscal profligacy could ultimately create an adverse feedback loop and sharply higher borrowing costs, rather than the steady-state five percent average interest rate currently forecast by the Congressional Budget Office. 

24hGold - How U.S. Borrowing C...

Of course, that would make servicing the national debt a bit more complicated. I’ve not read through the whole report yet, the last one-third probably being the most important part – Implications for Monetary Policy.

Naturally, there’s been quite a bit of blowback on this as detailed in stories like these:

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Tim Iacono

Tim Iacono is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.
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