One borrowed dollar is $1.41 in ten years at 3.49% and $1.67 at today’s ten-year yield
Source. Treasury Fiscal Data, average rate on interest-bearing debt, August 2026 (3.49%); FRED DGS10, October 1, 2026 (5.24%), via ALFRED. Also: FRED, DGS10, via ALFRED. Years 0, 10, 20 and 30.
Method and data
Method. Value of $1 borrowed today = (1 + rate)^year, the interest rolled over annually and the rate held constant; not a forecast.
| When | At 3.49% | At 5.24% |
|---|---|---|
| Borrowed today | 1.00 | 1.00 |
| Year 10 | 1.41 | 1.67 |
| Year 20 | 1.99 | 2.78 |
| Year 30 | 2.80 | 4.63 |
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Higgins Strategy. “One borrowed dollar is $1.41 in ten years at 3.49% and $1.67 at today’s ten-year yield” Exhibit 20, Five Thousand Dollars Each (Study XI). October 12, 2026. https://higginsstrategy.com/charts/11-one-borrowed-dollar-at-two-rates/