Us debt rate
As a result, there are no 20-year rates available for the time period January 1, 1987 through September 30, 1993. Treasury Yield Curve Rates: These rates are commonly referred to as "Constant Maturity Treasury" rates, or CMTs. Yields are interpolated by the Treasury from the daily yield curve. The biggest beneficiary of these low interest rates is the planet’s biggest debtor: the U.S. government, which has issued about $17 trillion in publicly held debt. The outstanding revolving consumer credit debt is growing at a staggering rate and has surpassed revolving credit owed during the 2008 Great Recession. Luckily, credit card default rates are down from the 6.7 percent peak during the Great Recession, but a large amount of revolving debt is not a good sign for the future. As 48 percent of credit