The U.S. Treasury will start issuing 20-year bonds in the first half of 2020

17 Januari 2020

Riset

Treasury yields climbed on Thursday after strong economic data boosted investors" risk appetite. The yield on the benchmark 10-year Treasury note, which moves inversely to price, was higher at around 1.812%, while the yield on the 30-year Treasury bond was also higher at around 2.262%. Yields popped after data from the Commerce Department showed retail sales rose 0.3% in December, matching analyst expectations. The latest weekly jobless claims also came in at 204,000, lower than the 216,000 expected. (CNBC) The U.S. Treasury will start issuing 20-year bonds in the first half of 2020, expanding its roster of securities as the government seeks ways to fund a ballooning deficit. Institutional investors have been clamoring for more longer-dated, risk-free securities that offer some nominal yield, amid a global total of $11 trillion of debt with negative rates. Japanese officials have discussed adding a 50-year security, something the U.S. opted against in its announcement. (Bloomberg)   Source: Danareksa Sekuritas Debt Research Photo by Josh G on Unsplash