The numbers: The Treasury announced Wednesday it is exploring a range of possible new products including a new 50-year bond. No timetable was given for the decision. The department said it is also mulling bringing back the 20-year bond and a new one-year floating rate note tied to the Secured Overnight Financial Rate (SOFR) an alternative to the U.S. dollar London interbank offered rate (Libor).

What happened: Treasury made the announcement about possible new products when announced it will auction $84 billion in notes and bonds next week in its quarterly refunding auctions, unchanged from the previous auction in July.