Cold water has been poured on a proposal to issue ultra - long bonds in the US , after a Treasury body examined the pros and cons of bond maturity durations of 50 and even 100 years . The Securities Industry and Financial Markets Association told Treasury Secretary Steve shareholders that the long term plans being considered would be of little value , and even life , pension and annuity companies would n't consider them attractive as they prefer putting their money in higher - paying corporate bonds . A report from the review concluded that 20-year notes would be more appropriate .
Cold water has been poured on a proposal to issue ultra-long bonds in the US, after a Treasury body examined the pros and cons of introducing maturity durations of 50 and even 100 years. The Securities Industry and Financial Markets Association told Treasury Secretary Steve Mnuchin that the long Treasuries plans being considered would be of little benefit, and even life, pension and annuity companies wouldn't find them attractive as they prefer putting their money in higher-paying corporate bonds. A report summarising the review concluded that 20-year notes would be more appropriate.