Treasury breaks boundaries with issuance of long-term bonds in 1950s.
The article explores the issuance of long-term Treasury bonds from 1953 to 1965, before the standard thirty-year limit. During this period, seven bonds with maturities longer than thirty years were issued, including one with a forty-year term. The study investigates the reasons behind the issuance of these longer-term bonds and sheds light on this lesser-known aspect of Treasury debt history.