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Politics

Mnuchin Eyes 100-Year Debt Wall Street May Not Be Ready For

By
Updated on
  • Ultra-long bonds under ‘serious consideration,’ Mnuchin says
  • Treasury chief discusses long-term debt in Bloomberg interview

The Trump administration is giving careful thought to selling something Wall Street may not be ready to buy: ultra-long debt.

Treasury Secretary Steven Mnuchin said that offering bonds with maturities of 50 to 100 years is under “very serious consideration,” with officials conducting an intensive review.