In response to When Will Interest on US National Debt Exceed $1 Trillion some readers objected stating “things are different now”. I had to laugh at that.Others stated that I ignored duration. I did, but I did post results at various interest rates, one of them optimistically assuming rates would stay at current levels.
For ease in discussion, here is the chart again, with my original “fed is in a box” claim. An analysis of “debt duration follows”.
Projected Interest at Various Rates