Sat 18 Feb 2020
U.S. Bond Demand Has Exceeded Supply for a Decade
Over the decade, 1995-2004, the demand for U.S. bonds of all types has surpassed new bond issues in eight of the last ten years. This is the reason that bond prices have held firm, even in 2003, when net new issues reached almost $1.8 trillion. According the Federal Reserve Flow of Funds Accounts, six groups made […]