- Treasury chief discusses long-term debt in Bloomberg interview
- Yield on 30-year Treasuries dropped to record low on Wednesday
Treasury Secretary Steven Mnuchin said issuing ultra-long U.S. bonds is “under very serious consideration” in the Trump administration, possibly setting up a move that would mark a historic revamp of the $16 trillion Treasuries market.
“If the conditions are right, then I would anticipate we’ll take advantage of long-term borrowing and execute on that,” Mnuchin said Wednesday in a Bloomberg interview in Washington. He said officials held a meeting earlier in the day to review the possibility.
See more at Bloomberg.