A stat I had been hunting for earlier this week, so I thought I should post it here: The average maturity of U.S. sovereign debt over time, which, while lower than OECD averages, is on the rise of late. And why do we care? Because the maturity of the debt speaks to how much short-term funding pressure a government will feel rolling over its debt and funding operations.
Related posts:
If you strip out fed purchases, is the maturity still rising?
Maybe it doesn't matter. If this (http://www.nationalreview.com/articles/262688/running-exits-jim-lacey) is right, treasury can have any maturity it wants, with a phone call. What on earth is going to happen to rates when QE2 ends? Who buys the 70%?
This is way better than a brick & mortar estbailshment.