EFTA01464570Set 10
2013-08-2318p3,308w
assume that 15% of long-term debt
rolls to
a rate 100bp higher the hit to 2014 S&P EPS would be —$0.25. If we assume
that the effective interest ... provide a —$2 benefit
to S&P EPS in 2014. If yields rise another 100bp at 2014 end it would
eliminate
deficits and provide another —$2 S&P EPS boost ... that 15% of the
$2.8 trillion in long-term debt
rolls to a rate 100bp higher
the hit to 2014 S&P EPS
would be —$0.25.
Pension expense is likely
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01464570.pdf