Mexican and American Governments in the Midst of Refinancing

From Benzinga:

In what could become a global trend, Mexico and the United States are both working to refinance their borrowing. The countries are attempting to increase the average length of their debt maturities, according to Bloomberg. Mexico's efforts to refinance its debt to longer-term rates may indicate a desire on Mexican policymakers to reduce exposure to risk.

The article on Benzinga's website says policy makers in the United States have taken a similar approach. Over the past two years, the average length of U.S. debt has risen from 4.1 years to 5.0 years.

Read more about it here.