Eli5: what are implications on US dollar, for the fact that $7+ trillion in interest-bearing US public debt will mature this year, approx. 30% of all outstanding US govt debt.

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Eli5: what are implications on US dollar, for the fact that $7+ trillion in interest-bearing US public debt will mature this year, approx. 30% of all outstanding US govt debt.

In: Economics

3 Answers

Anonymous 0 Comments

Nothing really. Government debts mature all the time. As per standard procedure the US government will pay off the old bonds that mature by issuing new bonds and Bob’s your uncle. US government debt remains popular enough, and with good reason, that there should not be any issues with this.

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