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Get ready.
71% of the government debt issued this past year matures in less than 12 months.
Treasury Bills’ outstanding shot up to $5 trillion!
No way around this…
The Fed’s balance is set to explode.
71% of the government debt issued this past year matures in less than 12 months.
Treasury Bills’ outstanding shot up to $5 trillion!
No way around this…
The Fed’s balance is set to explode.
Also:
This is likely why the US Treasury is hoarding a record of $1.79T of cash.
Same happened back in 2008-9.
Problem is:
This time, Treasury Bills outstanding are almost $3.3T higher than their cash balance.
This is likely why the US Treasury is hoarding a record of $1.79T of cash.
Same happened back in 2008-9.
Problem is:
This time, Treasury Bills outstanding are almost $3.3T higher than their cash balance.
Lastly:
Avg maturity of outstanding government debt just plunged to 64 months.
Bottom line:
A tsunami of $8.5T of Treasuries will be maturing by the end of 2021!
Monetary stimulus will have to be astronomic to cover this.
What a time to be a precious metals investor.
Avg maturity of outstanding government debt just plunged to 64 months.
Bottom line:
A tsunami of $8.5T of Treasuries will be maturing by the end of 2021!
Monetary stimulus will have to be astronomic to cover this.
What a time to be a precious metals investor.
