If that's normal, if that's nominal, how many of your businesses, how many of your lives, but how much of this US Debt when we have to refinance? So This year a little under $10 trillion will come to market. That's the stuff we have to refinance. And remember, part of that refinancing is when you stay very short on what they call the curve, which is the fancy way of saying we're going to borrow some 30 days and 1 years and 2 years and 5 years and 10 years. (17:06–17:13)
CLAIM
Asserts that nearly $10 trillion in U.S. debt will need to be refinanced this year.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
