<<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. |