U.S. Debt: Average Maturity Is On the Rise

Includes: IEI, TLT
by: Paul Kedrosky

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.