The government giveth, and taketh.
Taketh was front and center in October 2001, when the Treasury pulled the long bond from active duty. Yesterday, the 30-year Treasury was called back into active duty, with the first issue up for auction on August 8 at 1:00 pm New York time, according to yesterday’s statement from the Treasury. (Step right up, and no pushing—everyone will have a chance to lend money to Uncle Sam.)