US Debt Maturity Profile, AKA When do we have to pay for all of this?
This is now a joke. The Fed is going to monetize all of our debt! We never have to pay! Hahahaha… sigh.
This is $8.5 trillion in US debt representing the available set of targets for $850-$900 billion in purchasing power by the Fed. QE2 added $600 billion to the already significant planned purchases (from reinvesting maturing agency debt and MBS payments). The Fed will be targeting specific maturities. The vast majority of QE2 (86%) will be distributed on the 2-10 year maturities with 23% of the total aimed at 7-10 year treasuries.
As before, our average interest rate continued to drop despite the ability of the Fed to push out our debt to longer maturities. There was a pause on the interest rate on our marketable securities between September and October, but we still show year over year improvement.
(October treasury data here)
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ilyagerner liked this
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quotingthecrisis reblogged this from crazynutjob
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cnjspeaks reblogged this from gilmoure and added:
The US has a lot of debt and the Fed is going...it. That’s about all we know. Beyond that?...
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gilmoure reblogged this from moorewr and added:
Um… lots of big words and phrases. What does this all mean?
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270454 reblogged this from crazynutjob
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ajamison liked this
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moorewr reblogged this from crazynutjob and added:
(Good thing we’re too big
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crazynutjob posted this
