Because the government is printing money around the clock, we believe long term interest rates will be forced higher. How high? That will be hard to know exactly, but I think a fair estimate is to see the 10 year bond trade with interest rates between 4 and 8 percent (typically mortgages will be about 1.5% -2% higher than that). There is a lower possibility of much higher rates caused from hyper inflation caused probably as a result of the international community refusing to buy our bonds or using another asset as the world reserve currency.
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