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Deficits, the Fed, and Rising Form

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so we we looked at the the top and the bottom of the blue chip forecast uh panel so that's kind of think of that as like the the high end of reasonable and the low end of reasonable and at the short end of the curve at the you know three month there's you know maybe 60 or 70 basis point difference uh between those two and obviously that gets a lot bigger as you go out to the 10-year so think of that as like a spread of two or two and a half percentage points on the interest rate um so these are not extreme scenarios these are higher interest rates that we looked at in lower interest rates in a meaningful amount but this is not the kind of you know scare uh you know hard landing scare scenario so these are not four or five percent these are more say on the uh on the three four percent range that you're looking at okay let's get to it what happens to the deficit is it a blowout can we afford it uh it you know it's interesting because initially not

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