---
title: America could shorten its debt maturities. The risks would last much longer.
description: "According to Citi’s forecast, the Treasury could cut 20-year and 30-year bond auctions in November—and potentially scrap the 20-year altogether.\n\nThe goal? Issue more short-term bills, reduce long-term bond supply and ease pressure on yields.\n\nBut there’s a catch.\n\nLess duration today means more refinancing tomorrow.\n\nIf short-term rates stay elevated, Washington would repeatedly roll over its borrowing at expensive rates. With debt approaching $40 trillion, small changes in funding costs carry enormous consequences.\n\nAnd fewer long-term bonds offer no guarantee of lower yields: investors still care about inflation, deficits and fiscal credibility.\n\nChanging how America borrows may buy time. It doesn’t fix how much America owes.\n\nSource. Bull Theory"
---

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# [America could shorten its debt maturities. The risks would last much longer.](https://blog.syzgroup.com/syz-the-moment/america-could-shorten-its-debt-maturities.-the-risks-would-last-much-longer)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Oct 12, 2026, 3:03:40 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/america-could-shorten-its-debt-maturities.-the-risks-would-last-much-longer)

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