Here is the quarterly update to the Treasury rollover plot. "Good news" in the sense of being less bad, as the rate of increase has slowed on a quarterly basis and the maturity distribution of the change improved - unlike last quarter, the front quarter rollover grew at a slower pace than the total.
What is still distressing is the rate of growth. While the QoQ rate of growth declined to 5.6% from the previous quarter's 8.1%, this still annualizes out to ~24% growth rate (a three year doubling time for the marketable debt). As I like to look at YoY growth rates, I checked that and may go back to work up a recent YoY growth rate history...2Q YoY growth was 41%.
Previous US Treasury marketable debt posts
1Q 2009 update
4Q 2008 post
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