Journal Article
Taming the long-term spreads
Abstract: Given the size of the underlying markets, cutting the cost of capital to firms and households by reducing the yields required on long-term corporate bonds and mortgages is a key policy objective.
Keywords: Government securities; Interest rates; Monetary policy;
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File(s): File format is application/pdf http://research.stlouisfed.org/publications/es/09/ES0926.pdf
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Bibliographic Information
Provider: Federal Reserve Bank of St. Louis
Part of Series: Economic Synopses
Publication Date: 2009
Order Number: 26