Goldman 50 Year Note Test Succeeds, Bond Upsized From $250 Million To $1.3 Billion

"As we noted yesterday, Goldman was in the market for a 50 year bond at a token amount of $250 million. We speculated this was merely a test to gauge market interest in the space. Sure enough, courtesy of the Fed's free money, interest was massive, and today, Goldman announced that the deal was upsized. "