Mnuchin Considers Ultra-Long U.S. Debt Amid Record-Low Rates

The transcript discusses the potential risks and market reactions to the idea of issuing 50-year and 100-year bonds, as considered by the Treasury under Steven Mnuchin. It explores the surprise in the market and the possible intention to steepen the yield curve. The discussion also touches on the yield curve as an indicator of economic confidence and the speculation around US dollar intervention, emphasizing the need for coordinated efforts with the Fed and global allies.

How does Steven Mnuchin view the relationship between the yield curve and the Great Recession?

What concerns were raised about the Treasury's ability to intervene in the dollar market?