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Business & Economics

Interest rates are falling—thank government spending cuts for that

Reason Magazine
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67% Informative

The 10-year interest rate has fallen by half a percentage point in the past month .

The more the government borrows, the more it pushes up interest rates, which results in higher interest rates.

This shift is already being reflected in the bond market.

The interest payments on the federal debt are $1 trillion and rising.

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