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Treasury’s 20-12 months Bond Struggles to Catch On With Buyers

Treasury’s 20-12 months Bond Struggles to Catch On With Buyers

U.S. authorities bonds have had a tricky time this yr. After which there’s the 20-year previous bond, which has confronted its personal distinctive issues.

Reintroduced final yr for the primary time since 1986, the 20-year bond was supposed to assist the federal government get the bottom doable long-term borrowing prices. For the previous few weeks, nevertheless, buyers have demanded additional fee to carry the 20-year bond as an alternative of the 30-year, the federal government’s longest-maturity debt.

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