Treasury Secretary Mnuchin says the U.S. is considering issuing bonds with a 50- or 100-year maturity
Treasury Secretary Steven Mnuchin said the U.S. is considering issuing ultra-long bonds and said the government wasn’t soon about to embark on a plan to weaken the U.S. dollar.
In an interview with Bloomberg News, Mnuchin said the Treasury could issue bonds with a 50- or 100-year maturity. “If the conditions are right, then I would anticipate we’ll take advantage of long-term borrowing and execute on that,” Mnuchin said.The yield on the benchmark 10-year Treasury TMUBMUSD10Y, +0.00% on Wednesday was 1.47% — down from 3.23% as recently as November. The 10-year yields on German and Japanese government bonds are negative.
Meanwhile, Mnuchin also said the Treasury Department “at this time” wasn’t about to take steps to weaken a dollar DXY, +0.30% that President Donald Trump has said was too strong. “Situations could change in the future but right now we are not contemplating an intervention,” Mnuchin said. Trump has said the Federal Reserve needs to cut interest rates by a full percentage point, after the central bank reduced rates by a quarter-point in July.Steve Goldstein Steve Goldstein is MarketWatch markets editor for Europe. Follow him on Twitter: @MKTWgoldstein.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Get ready for companies to race into the bond market in SeptemberThe busiest month of the year for U.S. high-grade bond issuance is often September, with Bank of America Merrill Lynch forecasting another $120 billion to...
Leer más »
Tennessee Joins List Of Solar Also-Rans Turning U.S. Market On Its HeadTennessee joins a growing list of states with long-term renewable power plans as solar heads for scale in parts of the U.S. way beyond its roots.
Leer más »
Brazil weighs offers from U.S. and others to help fight Amazon firesBrazilian President Jair Bolsonaro said on Friday he may have news later in the ...
Leer más »
Bernie Sanders proposes canceling $81 billion U.S. medical debtU.S. presidential contender Bernie Sanders proposed a plan on Saturday to cancel...
Leer más »
17 Easy-to-Pack Picnic Recipes That Anyone Can MakeIf you don't have a picnic coming up, it's time to make some plans.
Leer más »
Michael Flynn says he is not ready to be sentenced, U.S. says he is readyLawyers for former U.S. national security adviser Michael Flynn accused the fede...
Leer más »