Bank of America Says US Can Lower Debt Cost by Going Bespoke
The US government can mitigate the effect of rising long-term Treasury yields on its cost of borrowing by taking a page from the credit markets, according to Bank of America...
By Greg Ritchie · Bloomberg Markets
The US government can mitigate the effect of rising long-term Treasury yields on its cost of borrowing by taking a page from the credit markets, according to Bank of America Corp. strategists.