Market news
08.04.2020, 13:39

U.S. Treasury Secretary Mnuchin: Everybody wants to buy U.S. Treasurys: It’s the safe haven

  • There is tremendous demand for U.S. Treasuries
  • There is no plan for 50-year bond
  • We will be selling 20-year and 30-year Treasury bonds
  • We will borrow across the curve for coronavirus
  • We hope to tell small businesses we won't run out of money
  • Actively working on Main Street lending facility with Fed, hope to have announcement this week
  • Economy opening will be based on medical conditions

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