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Old Yesterday, 04:48 PM
 
4,070 posts, read 5,510,626 times
Reputation: 4925

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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.
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Old Yesterday, 11:22 PM
 
11,027 posts, read 2,857,461 times
Reputation: 7450
Thats a pretty dumb idea!!


How about instead, trying to figure out ways to actually raise the interest rate, AND stimulate postive growth?!!!! LOL
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Old Today, 03:51 AM
 
Location: Pennsylvania
12,900 posts, read 4,363,789 times
Reputation: 10204
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
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Old Today, 04:18 AM
Status: "Proud American, Always and Forever" (set 12 days ago)
 
Location: DMV Area/NYC/Honolulu
12,419 posts, read 6,489,580 times
Reputation: 12017
Quote:
Originally Posted by BeerGeek40 View Post
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
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Old Today, 05:25 AM
 
Location: Wouldn't you like to know?
268 posts, read 33,053 times
Reputation: 132
Interest rates are negative in many places these days.
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Old Today, 08:39 AM
 
3,687 posts, read 2,355,735 times
Reputation: 1985
I thought that I read that Australia had started this and the 100 year bonds were paying just over 1%
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Old Today, 08:40 AM
 
3,687 posts, read 2,355,735 times
Reputation: 1985
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.
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Old Today, 08:46 AM
 
6,432 posts, read 2,733,800 times
Reputation: 2365
Quote:
Originally Posted by armourereric View Post
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.
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Old Today, 08:53 AM
 
1,426 posts, read 284,573 times
Reputation: 1741
Quote:
Originally Posted by J746NEW View Post
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.
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Old Today, 08:58 AM
 
Location: Barrington
46,784 posts, read 34,418,804 times
Reputation: 15539
Quote:
Originally Posted by BeerGeek40 View Post
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.
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