bbotc, most don't count the rollover of money market bills (and just count the $117 billion of notes and bonds), but at some point those treasury bills will have high interest rates also. Right now the feds are almost borrowing for free inside one year, but that will end and the interest costs on federal debt will double.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.