"* 30-year Treasury constant maturity series was discontinued on February 18, 2002 and reintroduced on February 9, 2006. From February 18, 2002 to February 8, 2006, Treasury published alternatives to a 30-year rate. See Long-Term Average Rate for more information."
Why did the Treasury discontinue the 30 year bond in the past? Would they do it again? This does not seem like a good time to do this as the gov't could lock in a very low rate for 30 years...
Also, how did PPers treat bonds that came to the 20 year mark?
Why did the Treasury discontinue the 30 year bond in the past?
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murphy_p_t
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Re: Why did the Treasury discontinue the 30 year bond in the past?
We were heading for a government budget surplus and didn't need to do any long-term borrowing 
It is the settled policy of America, that as peace is better than war, war is better than tribute. The United States, while they wish for war with no nation, will buy peace with none" James Madison
Re: Why did the Treasury discontinue the 30 year bond in the past?
I'm just shooting from the hip here but I guess I'd hold 15-20 year bonds.
Re: Why did the Treasury discontinue the 30 year bond in the past?
A couple of strategies have been suggested in the past.murphy_p_t wrote: Also, how did PPers treat bonds that came to the 20 year mark?
1. Just buy the longest dated Treasuries available.
2. Scrap the 25% cash and the 25% LTT components and replace them with 50% 10 year Treasury bonds (the downside to this that your emergency "cash" is now more subject to interest rate risk).
3. Could also consider zeroes.
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