Journal Article

The effect of the Fed’s purchase of long-term treasuries on the yield curve


Abstract: Chairman Bernanke seems to suggest that the purchase of a large quantity of longer-term government securities might reduce longer-term rates.

Keywords: Government securities; Federal funds rate;

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File(s): File format is application/pdf http://research.stlouisfed.org/publications/es/09/ES0925.pdf

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: Economic Synopses

Publication Date: 2009

Order Number: 25