Treasury Bonds Break Free: Historic Shift to Long-Term Debt Issuance.
Between 1955 and 1963, the US Treasury issued seven long-term bonds, including one with a forty-year term. This study looks at why these bonds were issued during that time.
Treasury breaks boundaries with issuance of long-term bonds in 1950s.
Bond market revolution: Dollar prices, active bids, and zero-coupon instruments dominate.
Treasury bonds risk could lead to financial crisis, nationalization crucial.