Showing posts with label World Bond. Show all posts
Showing posts with label World Bond. Show all posts

Friday, February 4, 2011

Now the U.S. is expected to bond centenarians

Primates, you know, are made to be broken. Even when the existing ones appear to have science fiction. Or, rather, "fantafinanziari. No exception to the rule nor the bond market, a favorite place of unprecedented storm now affecting the sovereign bonds of all or most of the major economies of the planet.

In a surprise move, the U.S. Treasury Department was urged by his advisors to bring to market a product never seen before: Federal bond maturing in 2111. No, not a typo, we mean just "duemilacentoundici. Because, believe it or not, the idea is this: place a bond on the market in 100 years, a period that is twice that found today in the longer-term securities on the market.