WASHINGTON—The Treasury Department on Wednesday provided new details about its plans to begin regular auctions of 20-year bonds in the first half of 2020, expanding its suite of products to fund projected growing federal budget deficits. The Treasury said it plans to issue new 20-year bonds each quarter—in February, May, August and November—and will hold auctions in the third week of the month, the same week as Treasury inflation-protected securities, or TIPS. Auctions will settle at the end of the month or the first business...

Source: Wall Street Journal February 05, 2020 13:39 UTC