Steven Mnuchin Roils Bond Markets With Suggestion Of 100 Year Treasury Bond

100 year Treasury bonds? You can’t make this stuff up!

– Steven Mnuchin Roils Bond Markets With Suggestion Of 100 Year Treasury Bond:

Barely having confirmed he will be Donald Trump’s nominee for Treasury Secretary, Steven Mnuchin proceeded to roil the bond market when the former Goldman banker told CNBC he would look at extending the maturity of future Treasury issuance, hinting at 50 and 100 Year bonds, which promptly sent long-term US bond yields surging by the most since the turmoil following Trump’s election victory.

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