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Barry Ritholtz: Chance For Smart U.S. Debt Funding Is Slipping Away
FYI: Yesterday’s decision by the Federal Reserve to raise its benchmark interest rate by a quarter-point -- likely the first of three this year -- served as a reminder that when it comes to financing America’s long-term debt, the U.S. is doing it all wrong. Even worse, the time to correct these errors is slowly slipping away. Regards, Ted https://www.bloomberg.com/view/articles/2017-03-16/chance-for-smart-u-s-debt-funding-is-slipping-away
