Friday, April 9, 2010
Marketable Treasury Debt Maturity - 1Q2010 Update
Looking at the debt held by the public, the front two quarters of Treasury roll has ballooned back up to just a hair under where it was this time a year ago. Over the quarter just passed, the marketable debt increased by 6.7%, which annualizes at ~29% rate of increase. This is also improvement from this quarter a year ago, when the quarterly rate of increase annualized at ~37%!
The actual increase on a year over year basis was $1.49 trillion of publicly held marketable debt, or a 23.9% increase. Again, my focus is just on the publicly held portion.
Data Source: Treasury Direct March 2010 MSPD