'We're looking at issuing a 50-year bond, what we would call an ultra-long bond, we think there's some demand for it,' Treasury Secretary Steven Mnuchin said.
These are the stocks posting the largest moves before the bell.
The U.S. could be issuing 50-year bonds as soon as next year as the government looks for cheaper and longer-term ways to finance its burgeoning debt load, Treasury Secretary Steven Mnuchin told CNBC on Thursday."This is something I have talked about over the last year and it is something we are very seriously considering," he said on "Squawk Box." "We're looking at issuing a 50-year bond, what we could call an ultra-long bond. We think there is some demand for that. It is something we'd very seriously consider for next year."
Mnunchin's comments come a day after President Donald Trump tweeted that he thinks the U.S. should look at "refinancing" is debt load, which has recently eclipsed the $22.5 trillion mark.This is a developing news story. Read more: CNBC »
Clown , anything to try to stop the inversion but there will be no takers unless they start buy there own bonds Yea if your under 20 years old “Boomer legacies keep rolling in fast. Global warming and debt are as Boomer as Jagger. And all three are kind of like the clapp. They don’t just go away.” - ToferH
Bond . Long Bond That 50 year bond would be worth a fly covered turd by the time inflation gets done with it. Because they're going to burn the world for the next 49 years. Especially at negative rates as per grifter-in-Chief realDonaldTrump... My class would have fun looking at the interest rate risk of that one.
Soon he will print $500 bills as well. ask him when the next lego movie is coming out
Apple's iPhone 11 Pro has 6GB of RAM, report claimsA 50 percent boost compared to last year's model.data-page-subject=true Who cares. Mine has 8GB
China unlocked, Argentine soymeal producers spy 2020 boostArgentine soy farmers and crushers expect a boost in demand next year after the ... Btw: They look real Happy Tradewar!!!!!! See how much they owe the IMF and other Bankers?
See Green Day Perform ‘Father of All…’ For the First Time LiveSee Green Day perform their new single 'Father of All…' for the first time live WHAT.. they should be in bed.. wakemeupwhenseptemberends I was just listening this song when I read this MrJacksonGavin
Crushing it: Argentine farmers cheer China soymeal deal while U.S. growers fretArgentine soy farmers and crushers expect a boost in demand next year after the ... And they ain’t coming back. Shaking my head!🤦🏽♂️ American Farmers winning bigly
Gap celebrates 50 Years of Denim with London pop-up shop | LDNfashionUKGap Gap Cheers guys! 👊🏼😀🤗😎
6 in 10 call a recession likely; Trump approval drops by 6 points: POLLNEW: 38% of Americans approve of Pres. Trump, down from a career-high 44% in July, new ABC News/Washington Post poll finds; 56% disapprove. Blahahahaha. Super Fake News!!! Who are these insane 38%!?