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To: Moonman62

That graph illustrates that the Treasury isn’t borrowing short.

If they were then total payments would track those short rates.

But they don’t, the Treasury sells longer term debt and that rate gets determined at every auction by bond buyers.


91 posted on 04/30/2019 9:03:31 PM PDT by Pelham (Secure Voter ID. Mexico has it, because unlike us they take voting seriously)
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To: Pelham

That’s not what the article says.


93 posted on 04/30/2019 9:13:04 PM PDT by Moonman62 (Facts are racist.)
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