Trump 100-year bonds contain lots of risks for traders

Volatility and liquidity risks seen in ultra-long bonds
  • 18 Mayo 2017

As a former Goldman Sachs bond trader and hedge fund manager, U.S. Treasury Secretary Steven Mnuchin might have felt some pity for volatility-deprived traders of Treasuries. In fact, the market was in a funk until Mnuchin's comments Monday on the rising odds of the government issuing ultra-long maturity bonds smashed longer-dated debt.

Read more