Yield curve indicates that the interest on the national debt

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The 2011 yield curve indicates that the interest on the national debt could be cut drastically by financing the debt with short-term, one- year bonds. the savings was huge since the short-term interest rate was at the lowest point it had been in over forty years.

How does the 2011 yield curve indicate the folly of financing the 2011 debt in short- term instruments?

Reference no: EM13893211

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