Question: Let's take a mid-point range of the Krishnamurthy/Vissing-Jorgensen estimates, 0.15.Current U.S. 10-year Treasury yield is 1.51 percent. the increase in debt to GDP ratio is

Let's take a mid-point range of the Krishnamurthy/Vissing-Jorgensen estimates, 0.15.Current U.S. 10-year Treasury yield is 1.51 percent.

the increase in debt to GDP ratio is expected to be 7 percentage points, from 110 to 117, or about 6 percent.

Using this information, and assuming all other things being equal, what will the 10-year Treasury yield be in 2030?Give response number in percent, with two decimal points (e.g. 1.75 percent).

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