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US public debt US public debt

01-08-2008 , 03:23 PM
Quick Wiki suggests US federal debt at ~5trillion and interest payments of 243 billion in 2007. So we are paying ~4.75% interest on that debt. I believe the majority of that debt is held in short term instruments - 6 months to a year- how closely tied to are these rates to the rates the fed sets?
US public debt Quote
01-08-2008 , 03:26 PM
The current yield on a US treasury bond is
Series I Savings Bonds To Earn 4.28%
Series EE To Earn 3.00%

I got this off of treasurydirect.gov
US public debt Quote

      
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