---
title: Interesting point of view by BofA:
description: "\"Fewer investors have focused on the inflationary effects of higher income. No other Fed hiking cycle in history occurred while government debt was so large ... interest payments flow to holders of Treasury securities and some portion will be spent.\"\nSource: BofA, Octavian Adrian Tanase"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [Interesting point of view by BofA:](https://blog.syzgroup.com/syz-the-moment/breaking-the-odds-of-president-biden-winning-the-2024-democratic-nomination-are-down-by-24-in-2-hours-0-0-0-0-0-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-1719-36720529)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Jul 19, 2024, 12:17:55 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/breaking-the-odds-of-president-biden-winning-the-2024-democratic-nomination-are-down-by-24-in-2-hours-0-0-0-0-0-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-1719-36720529)

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