Robin Brooks says US debt issuance has shifted sharply to short-term bills, signaling a push to limit rises in long-term yields. He says nearly all debt sold in July and August was at the short end.
published
Robin Brooks says US debt issuance has shifted sharply to short-term bills, signaling a push to limit rises in long-term yields. He says nearly all debt sold in July and August was at the short end.
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