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Bessent on Terming Out Debt Issuance: Why Would We?
Bloomberg
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3 months ago
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00:00
Does it give you, though, enough confidence to start terming out the debt?
00:04
At what point do you start issuing at longer-dated maturities?
00:07
Well, why would we do it at these rates?
00:11
We are more than one standard deviation above the long-term.
00:17
We're more than one standard deviation above the long-term rate, so why would we do that?
00:23
The time to have done that would have been in 20, 21, 22.
00:30
So.
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