The Federal Reserve’s action to keep long term rates down by buying up 10-year T-notes is often referred to as Operation Twist. Here’s a helpful explanation of how it works, from Marketplace’s Paddy Hirsch:
AUTHOR
Interactive Advisors
Interactive Advisors brings an online investment management marketplace to investors so you can access over dozens of portfolio managers, investing strategies, and advice.
491 posts You may also like
Higher July retail sales won’t change the economic backdrop overnight, but several Covestor managers think more better-than-expected numbers are ahead.
In the interconnected world in which we live, information shocks can ripple through the global economy and impact companies and economies far from an epicenter.
One measure of the rally’s strength — the number of new highs — is petering out.
Advisers are more bullish on the markets than their rich clients, which may also be pointing to a disconnect in risk tolerance.