Walking the Debt - Interest Rate Tightrope

http://viableopposition.blogspot.ca/2013/10/walking-debt-interest-rate-tightrope.html

With the American debt and deficit situation making the 24 hour news cycle over the past couple of weeks, I found this research by the Committee For A Responsible Federal Budget (CFRB) interesting, particularly as it parallels many of my postings over the past three years.

Let's open by looking at the history of interest rates on a three-month Treasury bill: