10-year Treasury yields in
Black
This is a Bloomberg chart.
This is the US taxpayer paying rates on debt according to Chinese production growth. The more productive the Chinese, the more in interest charges are paid by Millennials for debt accrued before they were born.
Unsustainable once we realize that dwet/GDP is greater than 1 so interest charges will be looking more like the 15 year rate.
But, if anyone doubted the twin deficit theory, the two lines above might change their mind.
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