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Politics : Ask Michael Burke

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To: Skeeter Bug who wrote (117096)11/27/2008 2:14:39 AM
From: S. maltophilia  Read Replies (1) of 132070
 
<<on monday and tuesday of this week, we spent or obligated ourselves to 35% of what it took to win WWII.>>
That chunk of change is apparently not yet reflected in the totals:
Date Debt Held by the Public Intragovernmental Holdings Total Public Debt Outstanding
11/10/2008 6,358,690,409,750.62 4,263,532,788,931.92 10,622,223,198,682.54
11/12/2008 6,358,806,971,888.52 4,259,701,660,695.98 10,618,508,632,584.50
11/13/2008 6,320,976,663,656.70 4,257,662,488,034.43 10,578,639,151,691.13
11/14/2008 6,360,691,569,969.19 4,257,115,014,666.08 10,617,806,584,635.27
11/17/2008 6,359,522,811,655.01 4,258,943,282,402.05 10,618,466,094,057.06
11/18/2008 6,394,550,218,145.18 4,265,867,636,327.11 10,660,417,854,472.29
11/19/2008 6,394,116,589,427.96 4,258,206,933,800.02 10,652,323,523,227.98
11/20/2008 6,393,926,893,617.82 4,261,530,336,304.52 10,655,457,229,922.34
11/21/2008 6,393,775,797,295.81 4,261,692,851,682.26 10,655,468,648,978.07
11/24/2008 6,393,688,876,791.61 4,260,570,553,938.56 10,654,259,430,730.17
11/25/2008 6,395,157,193,349.84 4,263,199,084,504.05 10,658,356,277,853.89
treasurydirect.gov

Somebody explain to me one more time why the 10 year yield is 3%, and ~3.6% for 30 years.
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