The Treasury Department is asking bond dealers whether it should consider issuing a security with a maturity exceeding 30 years.
“Please comment on the demand for long-duration sovereign products,” the department said in a quarterly survey of dealers released Friday. “Should Treasury consider issuing a security with a maturity greater than 30 years?”
The Treasury also asked the dealers to explain the causes for an increase recently in “fails-to-deliver” in the market for U.S. government debt. The survey was released ahead of meetings planned for July 31-Aug. 1.
