Cool. Do you happen to know what was the average duration of the 30y bond vs of the 10y bond since 1977?Started keeping records since 1900. "The government began selling 30-year bonds on a regular basis in 1977, issuing more than $600 billion of the bonds to the public." They did stop in 2001-2005 because U.S. government said the Ten Year was needed more than 30 year, I always thought that was a poor move to keep government debt interest they have to pay back. I have always wondered, why not just print money and charge themselves half of a percent, but I think we secretly do so last eight years.
I have always liked trading them more so than T-Notes, bigger bang to the tick and good vehicle for spread trading.
http://money.cnn.com/2001/10/31/markets/longbond/
http://observationsandnotes.blogspot.com/2010/11/100-years-of-bond-interest-rate-history.html
https://www.treasurydirect.gov/indiv/research/history/histtime/histtime_bonds.htm
Cool. Do you happen to know what was the average duration of the 30y bond vs of the 10y bond since 1977?