U.S. Contemplates 50- and 100-Year Bonds After Yields Plummet (money, government)

[move4ward]

https://www.bloomberg.com/news/artic...bonds-jzejo2qu

With interest rates on 30-year U.S. debt hitting all-time lows this week, the government is once again considering whether to start borrowing for even longer.

The U.S. Treasury Department said Friday that it wants to know what investors think about the government potentially issuing 50-year or 100-year bonds, going way beyond the current three-decade maximum.

The government stressed that no decision has yet been made on ultra-long bonds, explaining that it’s looking to “refresh its understanding of market appetite.” The idea was broached before, back in 2017, but was shelved after receiving a less-than-warm reception.

[rstevens62]

Thats a pretty dumb idea!!


How about instead, trying to figure out ways to actually raise the interest rate, AND stimulate postive growth?!!!! LOL

[BeerGeek40]

If things keep going as they are -- this country isn't going to be around in 100 years.

Those 100 year bonds are going to be worth about as much as a Confederate $20 bill LOL

[prospectheightsresident]

Originally Posted by BeerGeek40

If things keep going as they are -- this country isn't going to be around in 100 years.

Those 100 year bonds are going to be worth about as much as a Confederate $20 bill LOL

A genuine Confederate $20 printed in 1861 is actually wort a decent chunk of change, but point taken

[tipsyguam]

Interest rates are negative in many places these days.

[armourereric]

I thought that I read that Australia had started this and the 100 year bonds were paying just over 1%

[armourereric]

My bigger concern is that if the US does this, it will be quickly followed by a 50year mortgage, allowing further escalation in home prices.

[J746NEW]

Originally Posted by armourereric

My bigger concern is that if the US does this, it will be quickly followed by a 50year mortgage, allowing further escalation in home prices.

Yep
We are going the wrong direction on so many things.
50 year mortgages, 30 year car payments, and so on make us all debt slaves to the moneychangers.

[TMSRetired]

Originally Posted by J746NEW

Yep
We are going the wrong direction on so many things.
50 year mortgages, 30 year car payments, and so on make us all debt slaves to the moneychangers.

Only if you let them my friend.

[middle-aged mom]

Originally Posted by BeerGeek40

If things keep going as they are -- this country isn't going to be around in 100 years.

Those 100 year bonds are going to be worth about as much as a Confederate $20 bill LOL

Or cut spending.