Turning Treasury Securities into Century Bonds Is a Dead End

Source: The Daily Economy
by Peter C Earle

“While the idea of reducing interest costs by converting existing debt into ultra-long, low-yielding bonds might sound like a creative solution to America’s debt challenges, it fails every test of financial realism.” (04/23/25)

https://thedailyeconomy.org/article/turning-treasury-securities-into-century-bonds-is-a-dead-end/