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The Declining Convenience Yield and Quantitative Tightening
Abstract: The convenience yield represents the interest investors are willing to forgo for highly liquid securities. How did QT affect the yield on government bonds?
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https://www.stlouisfed.org/on-the-economy/2026/feb/declining-convenience-yield-quantitative-tightening
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Provider: Federal Reserve Bank of St. Louis
Source: On the Economy
Publication Date: 2026-02-27