Archive for January 13th, 2010

Long-term Interest Rates Break the Fed’s Hold – Short-term Next?

Wednesday, January 13th, 2010
Long-term Interest Rates Break the Fed’s Hold – Short-term Next?

Central banks usually have control over short-term interest rates. However, their efforts can fall flat when they try to influence long-term ones. This time is no different. The Federal Reserve has been buying US government bonds and mortgage securities, trying to hold down yields. After a period of “success”, the Fed is once again... »

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