Global bond yields hit 2008 highs, raising stakes for big borrowers

Re:Global bond yields hit 2008 highs, raising stakes for big... by smallmancontrov on Tuesday September 15, 2026 @11:56AM (#49714491)

> Maybe we should vote for people who are financially literate, can think long term, and can "conserve" rather than politicians who promise endlessly?

Conservatives:

    +-------------------------+----------------------------------------+
    | President Name          | Deficit Increase (+) or Decrease (-)   |
    +-------------------------+----------------------------------------+
    | Donald Trump (2nd term) |                                    N/A |
    | Donald Trump (1st term) |                                 +11.1% |
    | George W. Bush          |                                  +4.3% |
    | George H. W. Bush       |                                  +1.8% |
    | Ronald Reagan           |                                  +0.5% |
    | Gerald Ford             |                                  +0.8% |
    | Richard Nixon           |                                  +0.7% |
    | Dwight D. Eisenhower    |                                  -1.8% |
    +-------------------------+----------------------------------------+

Liberals:

    +-------------------------+----------------------------------------+
    | President Name          | Deficit Increase (+) or Decrease (-)   |
    +-------------------------+----------------------------------------+
    | Joe Biden               |                                  -5.7% |
    | Barack Obama            |                                  -6.7% |
    | Bill Clinton            |                                  -6.1% |
    | Jimmy Carter            |                                  -0.1% |
    | Lyndon B. Johnson       |                                  +1.9% |
    +-------------------------+----------------------------------------+

Deficit rate = (federal outlays - federal receipts) / GDP. Change = deficit rate in final fiscal year - deficit rate in first fiscal year. The % symbol below means percentage points of GDP, not relative percent change. The first and last fiscal years whose end dates occurred during each presidency are used. Transition fiscal years can therefore span two administrations. Figures are OMB actuals through FY2025 and are rounded to 0.1%.

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Re:Global bond yields hit 2008 highs, raising stakes for big... by dfgknionio on Tuesday September 15, 2026 @12:15PM (#49714790)

This is kind of a fool's errand given that sample sizes are small and there are large exogenous causes. But the pattern is consistent and agrees with theory, so I think the comparison is worth making anyway.

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Re:Global bond yields hit 2008 highs, raising stakes for big... by zeroonetwothree on Tuesday September 15, 2026 @12:13PM (#49714761)

Republican != conservative

Also some of the numbers are very sensitive to start/end dates (remind me, did anything happen in 2020?)

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Re:Global bond yields hit 2008 highs, raising stakes for big... by smallmancontrov on Tuesday September 15, 2026 @12:51PM (#49715315)

Yeah, in 2020 we let Trump print $4T in a single election year and then he spent the next four years successfully convincing the weak minded that Biden caused the pandemic inflation by printing $2T over the next four years, running the printer at 1/8th the rate.

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Re:Global bond yields hit 2008 highs, raising stakes for big... by CharlesDodgson on Tuesday September 15, 2026 @12:33PM (#49715039)

Could this be a lagging indicator, as in programmes take a while to setup and the budgetary pressure falls into the next term?

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Re:Global bond yields hit 2008 highs, raising stakes for big... by smallmancontrov on Tuesday September 15, 2026 @12:52PM (#49715321)

You really don't want to accept that our deficit expansion has been overwhelmingly due to Republican largesse, do you?

Democrats aren't fiscal conservatives, but the last time they were able to expand the deficit in pursuit of social spending was LBJ. Deficit expansion during my lifetime has been overwhelmingly driven by regressive tax cuts, regressive bailouts, and wars in the middle east.

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Re:Global bond yields hit 2008 highs, raising stakes for big... by method_capital on Tuesday September 15, 2026 @09:21PM (#49721054)

We found someone whose ai believes the President controls spending!

Congress controls spending in the United States:

Cumulative Share of Debt (Post-WWII to Present)When analyzing the raw accumulation of publicly held national debt according to which party held majorities in both chambers of Congress, findings from congressional studies (such as the Joint Economic Committee) reveal distinct differences:

(https://www.jec.senate.gov/public/index.cfm/republicans/2011...)

Democratic Control ~57% to 74% of gross debt

Republican Control ~10% to 25% of gross debt

Split / Divided Control ~22% of public debt

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Re:Global bond yields hit 2008 highs, raising stakes for big... by smallmancontrov on Wednesday September 16, 2026 @05:15PM (#49733132)

Ah yes, the "Joint" investigation by Rep. Kevin Brady (R-TX)! Republicans do love to pinch pennies when Democrats are in charge, don't they.

> 2011

Excluding Trump, who I'm sure those fiscally responsible congressional republicans will pull the purse-strings on any second now. Any second!

> Post-WWII

Including FDR (Social Security) and LBJ (Medicare), who were the last Democrats to successfully expand the deficit for social spending.

> spending

Ignoring regressive tax cuts, the primary mechanism of Republican fiscal irresponsibility.

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Re:Global bond yields hit 2008 highs, raising stakes for big... by method_capital on Wednesday September 16, 2026 @07:27PM (#49734428)

Like a good little partisan: we ignore the bad about the good guys and emphasize the bad about the bad guys ... that way we win!

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