Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Committee Recommends 100-Year Treasury Bonds And More Household Ownership Of Treasuries

Thursday, February 3, 2011 - 7:56 AM
From Fortune:
The feds should consider issuing bonds that mature in 40, 50 and even 100 years, the Treasury Borrowing Advisory Committee told the government this week. The longest bond Treasury sells now matures in 30 years.

That wasn't the only recommendation. They also recommended that the Treasury appeal more to US households:
"Through a combination of new attractive products, and aggressive marketing, Treasury could aim at growing the household ownership share of Treasuries to the average of the last 50 years," the report reads.

How about US Savings Bonds? The TBAC should review how the Treasury has made the I Bonds less attractive in the last 7 years. Two examples include reducing the purchase caps by one-sixth and by keeping the fixed rate near zero.
5
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,634
Reply