$Nasdaq100 Bull 3X ETF(TQQQ)$
The nonpartisan Committee for a Responsible Federal Budget projects for every 100 basis point rise in the U.S. 10-year yield, the U.S. government adds $285 billion annually in interest costs. This adds, materially, to a record, and already unsustainable government debt load. Well before that level touted by the federal reserve committee members would be reached, the global financial system would implode. Sovereign debt defaults, currency devaluations and other vulnerabilities within the system would be revealed.
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