Treasury Secretary Janet Yellen has engineered a substantial shift in US debt issuance from long-term bonds (10yr, 20yr, 30yr) toward short-term bills, reducing average auction maturity by approximately 1.25 years over two years
factualpending
Speaker
Dr. Michael HowellEvidence Quote
“Janet has managed to reduce the average maturity at auctions over the last two years by about one and A4 years...in October there was something like 1.9 trillion of treasur Bill issuance”
Source
Global Debt Binge May Force QE + Inflation: Dr. Michael Howell— Mark Mitchell - Mortgage Broker London OntarioCreated: 8/11/2026, 7:48:18 AM
My Notes
Loading notes...