Steven Mnuchin

The ultralong bond is back in consideration as deficits rise

U.S. Treasury Secretary Steven Mnuchin Holds Press Briefing
Photo: Chen Mengtong/China News Service/VCG/Getty Images

The Treasury Department announced Wednesday that it was looking into releasing two new maturities — a 50-year and 20-year bond.

Why it matters: The new issues would help offset the increasing share of Treasuries that U.S. financial institutions have had to buy recently, largely as a result of decreasing foreign buyers and the Trump administration's increasing deficits.

Israel forms committee to monitor Chinese investments amid Trump pressure

Israeli Prime Minister Benjamin Netanyahu and Chinese President Xi Jinping in 2017. Photo: Etienne Oliveau/AFP via Getty Images

The Israeli Security Cabinet decided Wednesday to form a committee to monitor Chinese investments — a decision Israeli officials say came after strong pressure from the Trump administration.

The state of play: The Trump administration first raised the issue of limiting Chinese investments in Israel two years ago, and President Trump himself raised it with Israeli Prime Minister Benjamin Netanyahu several times.