Financial Times FT.com

US Treasury takes dust off the long bond

By Jennifer Hughes

Published: August 3 2005 03:00 | Last updated: August 3 2005 03:00

Halloween 2001 gave bond investors their very own nightmare when the US Treasury stunned traders by announcing it would stop issuing long, 30-year bonds.

Today, less than four years on, the Treasury is expected to announce that the long bond is back.

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