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Mnuchin To Wall Street: U.S. Is Serious About Ultra-Long Bonds

FYI: From the moment that Steven Mnuchin first hinted back in November that the Trump administration would entertain the idea of selling ultra-long bonds, the consensus across Wall Street was pretty clear: Don’t do it. There’d be no easy way to lure a steady stream of buyers, the skeptics said, and the initiative could prove costly to U.S. taxpayers
Regards,
Ted
http://www.fa-mag.com/news/mnuchin-to-wall-street--u-s--is-serious-about-ultra-long-bonds-32571.html?print

Comments

  • Buying long bonds in a rising interest rate environment. You go first. The most I would hold is intermediate to short duration bonds.
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