The writer is very fast, professional and responded to the review request fast also. Thank you.
Book/movie review
22/08/2022
In early 2014, the United States government had more than $17 trillion in debt (approximately $55,000 for every U.S. citizen) outstanding in the form of Treasury bills, notes, and bonds. That number is now $22 trillion and still growing. From time to time, the Treasury changes the mix of securities that it issues to finance government debt, issuing more bills than bonds or vice versa.
With short-term interest rates near 0 percent in early 2014, and still very very low, historically today, suppose the Treasury decided to replace maturing notes and bonds by issuing new Treasury bills, thus greatly shortening the average maturity of U.S. debt outstanding. Discuss the pros and cons of this strategy.
Introduction of DQ3
This is a very real-life question which our Government has been facing since the financial crisis of 2007-2008. With interest rates falling after the financial crisis to historical lows, which they are still by and large at today but rising slowly again, the Government has a tough decision, especially with regards to the old debt it issued at higher interest rates to finance the Government. Refinance that debt? If so, for how long of a period of time and at what rate of interest are buyers willing to go out when buying the new Government T-bills, bonds, etc.?
Is there any difference between the US Government issuing Notes vs. Bonds? If so, what factor(s) would drive that difference(s) in what type of debt instrument the government should issue or reissue in the case of this DQ?
Support your position by using at least two references from an academic journal or prominent business publication (e.g., The Wall Street Journal, Barron’s, Fortune, Investor’s Business Daily, etc.). Additionally, one of these references must be recent. A recent reference is one that has a publication date that is less than one year old. Importantly, references from websites do not qualify unless those websites are part of a reputable print publication. For example, Investopedia.com can be used, but it does not count as a reference that satisfies the criteria of a recent reference.
The writer is very fast, professional and responded to the review request fast also. Thank you.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more