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The heavy roll is coming…

Thanks to ZeroHedge we can see the dispersion of Treasury debt…

The front end looks particularly heavy…

Here is how ZeroHedge summarizes the conditions we face on the debt front…

~~~ “What emerges is a unique picture of the evolving nature of Treasury debt, its extensive and recent growth and a clear picture of the substantial roll-over risk created by dramatically shortened average maturities and large, recent borrowings. Further, it becomes apparent that the current maturity profile is such that even extensive inflation will likely be ineffective in mitigating the impact of the debt analyzed…”~~~

When you see the nations indebtedness graphically the lack of choices available to President Obama and the administration becomes evident… haircuts anyone?