Interest rates on U.S. Treasury bills are typically much lower than interest rates on U.S. Treasury notes
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Interest rates on U.S. Treasury bills are typically much lower than interest rates on U.S. Treasury notes and bonds. If the federal government wants to reduce the interest charges it pays when it borrows money, why doesn’t the Treasury stop selling Treasury notes and bonds and sell only bills?
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Related Book For
Money, Banking, and the Financial System
ISBN: 978-0134524061
3rd edition
Authors: R. Glenn Hubbard, Anthony Patrick O'Brien
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