Feed the Ducks: U.S Should Issue 50-Year Bond

Feed the Ducks: U.S Should Issue 50-Year Bond

``When the ducks quack, feed them” -- Wall Street proverb

In 2001, the U.S. Treasury decided to stop issuing 30-year bonds. The budget surplus made the long bond unnecessary and the new tax cuts were going to generate faster growth and abundant revenue.

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