Insatiable demand for safe haven U.S. government bonds is helping mask a potentially huge financial problem — the need to extend the maturity of debt issued by the United States.
The United States has the least balanced maturity schedule of any major nation. Over 70% of its bonds mature within five years, compared with an average 49% for the 34 member countries in the OECD.
This leaves the country extremely vulnerable to any shift in investor sentiment at a time when its debt load has almost doubled in four years.
http://business.financialpost.com/2011/09/01/70-of-u-s-bonds-matures-in-five-years/
The United States has the least balanced maturity schedule of any major nation. Over 70% of its bonds mature within five years, compared with an average 49% for the 34 member countries in the OECD.
This leaves the country extremely vulnerable to any shift in investor sentiment at a time when its debt load has almost doubled in four years.
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