Robert M. La Follette School of Public Affairs

Financing U.S. Debt: Is There Enough Money in the World – and At What Cost?

This paper examines the potential role for foreign official holdings of U.S. Treasury securities and the associated implications for Treasury security interest rates, international portfolio allocations, net international income flows, and the U.S. net international debt position, using a baseline outlook of current and projected U.S. budget deficits and growing debt.

Additional Info

  • Volume or issue no.: La Follette School Working Paper No. 2010-015
  • Author(s): John Kitchen and Menzie Chinn