The U.S. Treasury issued $20 billion in new 20-year bonds on May 20, the first such issuance since 1986. This new 20-year bond slotted into a part of the yield curve where only decade-old 30-year ...
The U.S. Treasury yield curve is unusually U-shaped, reflecting market uncertainty and rare economic conditions. Intermediate-term bonds are being bid up due to concerns about tariffs and future ...