Confidence is … Confidence is another way to say how much risk. If you buy a Treasury in current dollars, what is the confidence that you will be paid back in dollars at equivalent worth when the Bond Matures? What are the risks that the US will not debase the currency before your Bond Matures?
The US roll over in debt is very sensitive to interest rate changes. This is a risk.
Confidence is …
Confidence is another way to say how much risk. If you buy a Treasury in current dollars, what is the confidence that you will be paid back in dollars at equivalent worth when the Bond Matures? What are the risks that the US will not debase the currency before your Bond Matures?
The US roll over in debt is very sensitive to interest rate changes. This is a risk.