The Economist : if rates rise by 100bp, global interest payments will rise from $10tn to $16tn, or from 12% to 15% of global gdp; if they rise by 200bp, to $20tn or 18% global gdp. February 9, 2022 3:00 pm
And there you have it, the market is now pricing that Fed Funds will be at 100bp, by end-2022. January 17, 2022 1:30 pmJanuary 17, 2022 12:58 pm