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.
485 posts You may also like
The pandemic is accelerating long-term trends
Though painful, the excesses of the housing bubble have been worked through.
“Don’t invest in a fund where the manager has access to your assets,” says John Hempton, straight up, in response to Rob […]
Although the environment for risk assets remains largely attractive, early gains from achieving the soft landing are likely in the rearview mirror for investors. It’s going to get tougher from here. The increasing likelihood of a Fed monetary policy mistake, stubborn inflation, disappointing earnings results, toppling over the US fiscal cliff, rising geopolitical tensions, and contentious elections all pose serious risks to the rally.