US sells 30-year bonds at 5% yield for first time since 2007

ppetethomas about 4 hours ago 6 commentsRead Article on ft.com

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Discussion (6 Comments)Read Original on HackerNews

andsoitis•about 4 hours ago

as debtor, you have to pay a higher price when the creditor's risk for non-payment increases. power of the market.

dlcarrier•about 3 hours ago

The US can always print money; it's the expected inflation dictates the value of bonds.

ares623•about 4 hours ago

What else happened in 2007?

dlcarrier•about 3 hours ago

Nokia released the most useful phone ever sold: https://en.wikipedia.org/wiki/Maemo

Enthusiasts were still using it a and releasing updates, over a decade later.

andsoitis•about 4 hours ago

iPhone launch, the "Harry Potter" series finale, the Virginia Tech shooting, and the expansion of the European Union, amongst others.

ares623•about 2 hours ago

All good omens (well except one). If history rhymes, I can rest easy.