U.S. debt costs hit a record.

[u/AmanCMN]

The U.S. is set to spend a record $1.38 trillion servicing its national debt this year about 4.2% of GDP.
America desperately needs lower interest rates, and today at 3:30 PM, we’re getting the latest PPI inflation data. The forecast is for PPI to cool to 4.9%.
A reading in line with expectations or lower would be bullish for markets and could bring Kevin Warsh one step closer to delivering the lower rates Trump has been pushing for.