3min chapter

Monetary Matters with Jack Farley cover image

How The Treasury Decides Where To Borrow | Steve Hou on Maturity Issuance Policies of U.S. Treasury and Equity Index Construction

Monetary Matters with Jack Farley

CHAPTER

The Evolution of U.S. Debt Maturity: A Historical Perspective

This chapter examines the trends in the weighted average maturity of U.S. debt, comparing historical patterns from the early 20th century to the present. It highlights a significant regime shift in the late 1970s, illustrating how the current U.S. debt structure remains resilient despite rising debt-to-GDP ratios.

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