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Jim Bianco: Bond Dealers Are Too Conflicted to Advise the Treasury


When it comes to ultra-long debt securities, the U.S. government should ignore the warnings from Wall Street. U.S. Treasury Secretary Steven Mnuchin is again talking about how it might be a good time for the government to issue ultra-long bonds, or those with 50- and 100-year maturities, given that yields are at or near record lows. Whenever

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Posted: September 17, 2019 Tuesday 05:00 AM