The structure of U.S. debt continues to "shorten", the Ministry of Finance is not currently increasing the issuance of long-term government bonds, relying on Treasury bills to fill the deficit.

According to the Zh tng Cijng (Wise Finance) app, the US Department of the Treasury announced on Wednesday in its quarterly refunding statement that it will not increase the issuance of medium- and long-term notes and bonds for at least the next few quarters. Instead, the government will continue to rely on the issuance of shorter-term, lower-cost Treasury bills to fill the federal budget deficit. This means that the structure of US government debt will further concentrate on the short end, and the proportion of Treasury bills in the overall debt is expected to continue to rise.