US sells 30-year bonds at 5% yield for first time since 2007(www.ft.com)
14 pointsby petethomas5 hours ago2 comments
  • andsoitis5 hours ago
    as debtor, you have to pay a higher price when the creditor's risk for non-payment increases. power of the market.
    • dlcarrier4 hours ago
      The US can always print money; it's the expected inflation dictates the value of bonds.
  • ares6235 hours ago
    What else happened in 2007?
    • dlcarrier4 hours ago
      Nokia released the most useful phone ever sold: https://en.wikipedia.org/wiki/Maemo

      Enthusiasts were still using it a and releasing updates, over a decade later.

    • andsoitis5 hours ago
      iPhone launch, the "Harry Potter" series finale, the Virginia Tech shooting, and the expansion of the European Union, amongst others.
      • ares6233 hours ago
        All good omens (well except one). If history rhymes, I can rest easy.