What Would It Cost To Issue 50-Year Treasury Bonds?

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Through data from France, Austria, Switzerland, and the UK, Christensen, Lopez, and Mussche determined that the U.S. Treasury could issue 50-year bonds without significant cost increases (currently, the longest-term U.S. Treasury bond is 30 years). The cost of issuing 50-year bonds is similar (France and Austria, both E.U. countries) or perhaps even cheaper (Switzerland and the U.K.), as these long-term bonds have lower yields. Ultimately, the authors concluded that should the federal reserve introduce 50-year bonds, they would see an almost negligible 0.2% cost difference increase to the 30-year bonds. Read full article here

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