The last time the #US was seriously considering issuing ultra-long dated #bonds - those with a maturity of 50 and 100 years - was back in late 2016 and early 2017, when yields were near the record lows hit in recent days.
As we reported back in November 2016, shortly after Steven Mnuchin was confirmed as US Treasury Secretary, the former Goldman #banker proceeded to roil the bond market when he told #CNBC he would look at extending the maturity of future Treasury issuance, hinting at 50 and 100 Year bonds, which promptly sent long-term US bond yields surging by the most since the turmoil following #Trump’s election victory.
Find out more in this RTD news update here:
https://www.rethinkingthedollar.com/mnuchin-says-issuance-of-50-and-100-year-treasuries-under-very-serious-consideration/
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