Discussion 4.1 - The Treasury's Strategy First post: With short-term interest rates near 0 percent, suppose the Treasury decided to replace maturing notes and bonds by issuing new Treasury bills, thus shortening the average maturity of U.S. debt outstanding. Discuss the pros and cons of this strategy. Make sure your answer considers the Treasury yield curve Second post: Now go look for evidence of bonds. Pick either of these to answer for your second post. Examine your retirement savings portfolio (or discuss one with someone who has an IRA, 401-K or 403-B or other investments) for evidence of the incorporation of bonds, or examine the notes to the financial of the latest 10-K of the company you are studying for evidence of investment in or issuance of bonds. Discussion 4.1 - The Treasury's Strategy First post: With short-term interest rates near 0 percent, suppose the Treasury decided to replace maturing notes and bonds by issuing new Treasury bills, thus shortening the average maturity of U.S. debt outstanding. Discuss the pros and cons of this strategy. Make sure your answer considers the Treasury yield curve Second post: Now go look for evidence of bonds. Pick either of these to answer for your second post. Examine your retirement savings portfolio (or discuss one with someone who has an IRA, 401-K or 403-B or other investments) for evidence of the incorporation of bonds, or examine the notes to the financial of the latest 10-K of the company you are studying for evidence of investment in or issuance of bonds