1340 days ago
US Treasuries average maturity is plunging - bullish Gold?
The average maturity of outstanding government debt just plunged to 64 months. Bottom line: A tsunami of $8.5T of Treasuries will be maturing by the end of 2021. Monetary stimulus will have to be astronomic to cover this. This could be a headwind for Precious Metals – source: Crescat


