Mnuchin Sees 20-Year Bond ‘Slightly’ Extending Treasury Maturity

The transcript discusses the U.S. Treasury's plan to issue a 20-year bond in 2020, as commented by the Treasury Secretary. It explores the potential impact on the weighted average maturity of U.S. government bonds and compares the U.S. approach to bond durations with other countries like the UK and Austria. The discussion highlights the U.S.'s unique position due to its large budget deficit and the liquidity of its Treasurys. The transcript also covers market reactions, strategic considerations, and technological challenges associated with issuing longer-duration bonds.

What was the discussion in the bond market regarding the issuance of the 20-year bond?

What technological issues did the Treasury Secretary mention regarding ultralong bonds?