VGSH - Treasury Finally Issues Some Long-Term Debt
2024-07-06 06:20:00 ET
Summary
- After nearly 10 months of issuing mostly short-term debt, the Treasury finally issued Notes in 2 of the last 3 months.
- In the first six months of 2024, the Treasury has added over $870B in new debt.
- So far in 2024, the Treasury has kept a fairly stable cash balance of $800B.
- The Treasury could be paying lower rates today by issuing longer-term debt. The two issues are market saturation and debt lock-in.
Originally published on July 05, 2024
By SchiffGold
After nearly 10 months of issuing mostly short-term debt, the Treasury finally issued Notes in 2 of the last 3 months....
Treasury Finally Issues Some Long-Term Debt