Greece issues 10-year bonds at cheaper rates than U.S., tweet author notes

Greece issues 10-year bonds at cheaper rates than U.S., tweet author notes
Greece sells bonds cheaper than U.S.

Tweet author, industry influencer, observes that Greece is currently able to sell a 10-year bond at a lower cost than the U.S. This situation is contrasted with the political cycle, suggesting that economic decisions may be influenced by the pursuit of electoral advantage.

Schweikert has previously compared U.S. government finances to a household carrying $1.3 million in debt. In a recent analysis, he warned that the fiscal outlook could worsen next year. Details of Schweikert’s comparison can be found in his article on U.S. government spending and debt.

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