Majority of US Goverment Debt Comes With a Very Short Maturity

[adamovicm]

Is it normal that a majority of US debt comes with a very short maturity (under 3 years), look at the official current chart here: https://www.treasurydirect.gov/govt/reports/pd/feddebt/feddebt_ann2021.pdf (page 23, Maturity chart)?

I'd expect much more debt maturing farther in the future.

This looks like a disaster brew for bonds interest hike, as the tapering progress: https://www.newyorkfed.org/markets/...ities/treasury-securities-operational-details

Any expert on bonds here?

 

[David's faith]

It sounds like more QE on the horizon. They just needed a reason to make it legit.

 

[maxinger]

all along, short maturity date debt has higher volume,
and long-maturity debt lower volume.

also note that
in terms of volatility, long-term debt has higher volatility than short-term debt.

 

[ipatent]

It would behoove them to lock in low rates long term if they can find buyers.

 

[bone]

Much easier to roll coupons.

There hasn't been much commercial demand for longer term paper, either.