9.12.19
According to U.S. Treasury Secretary Steve Mnuchin, the U.S. is “seriously considering” issuing 50-year bonds as early as next year in an attempt to finance the government’s debt load. Mnuchin told CNBC’s Squawk box, “This is something I have talked about over the last two years …We think there is some demand for it.” His comments come one day after Trump expressed a desire for the U.S. to refinance its $22.5 trillion debt.
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