Tag: Open AI

On August 13, the United States Treasury paid 5.22 percent to borrow for thirty years, the highest nominal cost at a thirty-year auction since 2001. Reuters reported the following day that inflation-adjusted borrowing costs across the major economies had reached their highest levels in more than a decade, with US thirty-year real yields near eighteen-year highs at around three percent, and British and German ten-year real yields at levels not seen in over ten years.