08.19.19
U.S. Weighs Selling 50- and 100-Year Bonds After Yields Plummet
by: Alex Harris; Emily Barrett
The U.S. Treasury Department said it wants to know what investors think about the government potentially issuing 50-year or 100-year bonds. The government stressed that no decision has yet been made on ultra-long bonds, explaining that it's looking to “refresh its understanding of market appetite.” The announcement follows a plunge in the 30-year yield to a record low last week and also comes in the wake of many other nations opting to extend their borrowing profiles with century bonds. Investors have snapped up 100-year bonds issued by the likes of Austria, although the experience of Argentina underscores some of the potential pitfalls of buying such long-maturity debt.
Read the full article on Bloomberg