UST needs to sell billions and billions of longer dated bonds. As long and as much as the market will absorb. I'm certain the market will take 50 & 100 year maturities. Perpetuals? Perhaps.
-
-
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
This should worry anyone aware about how much of the national debt is held in short term maturity instruments. Spike in interest rates will do to feds what an ARM does to homeowners
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.