[throw0101a]

> However it is expected and required, that at the very least, interest payments on the debt are paid so there isn't a default, which would kill the bond market and end government deficit spending.

Russia defaulted in the late 1990s and a few years later people were lending again (at higher rates). Greece had many well-publicized problems in the earl 2010s, and yet in 2019 their bonds had negative yields:

* https://apnews.com/article/067eda5047d740f9a15692dea5944326