More investors warm to a U.S. ultra-long bond: survey

(Reuters) – More investors are warming to the idea of owning a U.S. Treasury bond that matures beyond 30 years, but most still prefer the U.S. Treasury Department to roll out a 20-year security over an ultra-long issue, a J.P. Morgan survey showed on Thursday.

Thirty-nine percent of the nearly 130 respondents said they would buy an ultra-long Treasury bond. This was more than the 19% who said they would do so two years ago, according to the survey. The respondents include banks, asset managers and hedge funds.

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