Please explain how changes in the maturity structure of the public debt can affect interest rates, the yield curve and spending and saving in the economy.
Long-term Treasury borrowing tends to slow down the economy, while short-term borrowing will have the opposite effect.

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The Answer of Please explain how changes in the maturity structure of the public debt can affect interest rates, the yield curve and spending and saving in the economy.
Long-term Treasury borrowing tends to slow down the economy, while short-term borrowing will have the opposite effect.

Please Explain How Changes in the Maturity Structure of the Public