Sunday, February 10, 2013

Treasury Debt

The current Treasury Debt is $11.1 T and it is composed of:

1. $1.3 T Bonds
2. $7.4 in Notes
3. $1.6 in Bills

and the remaining in TIPS.

Now the distribution of the interest rates is of interest. First the Bills are:

The Notes are:




And the Bonds are:
We examined this two years ago and the good news is a shift to lower interest rates. The bad news is that the FED bought most of this junk. What happens when this stops!