Your English writing platform
Discover LudwigExact(1)
The recent performance of the 30-year bond has been distorted by Treasury plans to reduce issuance and buy back longer-term Treasury securities with the federal budget surplus.
Similar(59)
Yes, the government is reducing issuance of 30-year bonds and buying some back.
It will also reduce the issuance of its 30-year inflation-indexed bond.
The Treasury said yesterday that it would reduce the issuance of its 2-year, 5-year and 10-year notes and its 30-year bond.
The Treasury also said it would reduce the issuance of one-year bills by cutting the schedule from every four weeks to four times a year.
This was a sharp rise in yield given the fact that the Treasury announced yesterday that it would reduce its issuance of two-year notes as part of its program to cut government borrowing as the budget surplus grows.
The root of the recent trouble is the Treasury's plan to reduce its issuance of long-term debt and to buy back a good deal of the debt that is outstanding.
That is because local governments tend to reduce their issuance of new municipal bonds as rates climb, and the cut in supply helps restrain any drop in municipal bond prices.
He said the government would reduce the issuance of state bonds intended to finance construction by about $3.6 billion, or 25percentt, and would also restrain lending and investment that has led to "redundant construction in some industries and regions".
"The proceeds from divestitures of non-core businesses will help minimize the equity issuance and reduce dilution from the Goodrich transaction".
The moves come as GE attempts to shrink leverage ratios in GE Capital, which will reduce its commercial paper issuance as well.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com