LATEST: 🇺🇸 A CNBC survey finds 77% of economists doubt Treasury Secretary Scott Bessent's push to buy more long-dated debt will succeed in taming rising bond yields.
如果#贝森特 为了控制长端收益率而减少长期国债发行、转向大量发行短期国债(T-Bills),短期内确实能缓解长端压力。但这会导致政府债务结构的极度短化。未来数万亿美元的债务将不得不以极高的频次不断滚动续发(Rollover)。一旦短期利率居高不下,财政部将面临巨额的短期偿债利息支出,进一步加剧财政赤字。$ETH