Steven Mnuchin's ultra-long bond idea is an ultra- longshot for US Treasury
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New York
ULTRA-LONG US Treasuries look like an ultra-longshot. That's the message from traders, strategists and even duration-starved bond investors about the potential for 50 or 100-year US obligations.
Steven Mnuchin, US president-elect Donald Trump's pick for Treasury secretary, said he would "take a look at everything", in response to a question about those maturities.
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