"Rising Long-Term Interest Rates: What You Need to Know"

The Federal Reserve is expected to lower interest rates, but the economy and stock market are already on an upward trajectory and may not need stimulation. Treasury Bills currently yield 2.5% more than historical average, while long-term bonds earn 0.5% less. Inflationary pressures from COVID spending could lead to an increase in long-term government bond yields and a potential debt spiral. If inflation increases, long-term bond yields will likely increase significantly, impacting the economy and government debt.