Apollo economist criticizes U.S. failure to lock in longer Treasury maturities
Apollo chief economist Torsten Slok says the U.S. Treasury did not lock in longer maturities when rates were near zero, making the fiscal bill 3.6% of GDP.
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Apollo chief economist Torsten Slok says the U.S. Treasury did not lock in longer maturities when rates were near zero, making the fiscal bill 3.6% of GDP.