Return of 20-Year Treasury Note May Fuel Corporate Bonds
February 04, 2020 at 08:00 AM EST
In order to help reduce a $1 trillion dollar budget deficit, the Treasury Department announced earlier this year that it would reintroduce a 20-year bond. According to an article in the International Finance Review, this new issue should help add liquidity as well as provide a hedge for corporate assets—a move that’s also a positive for corporate bonds.