Mnuchin says 100-year Treasury bond possible
By Andrea Shalal
WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin on Thursday said the United States will issue 50-year bonds if there is "proper demand," a moved aimed at "derisking" the government's trillion of debt and locking in low interest rates.
"We are going to start with 50 years, and if the answer is, 50-years is successful, we'll consider 100-year bonds," Mnuchin said in an interview with New York Times' DealBook and streamed online live, adding that he began looking into the possibility of ultra-long U.S. bonds two years ago.
The longest-dated U.S. Treasury currently is 30 years.
U.S. President Donald ...