Deficit Balloons, Treasury Sales May Soar, Upping Interest Rates

The deficit is ballooning, and as a result, sales of Treasuries may increase by 50%.

This kind of shock to an already precarious bond market could send interest rates skyrocketing, as public and private compete in the market for capital.

If correct, and I am not an economist, we could see s significatn (more than 1%) increase in interest rates in the next 6 months.

Bushonomics.