BofA Says the Fed’s T-Bill Buying Can Help Lower 10-Year Yields
Federal Reserve purchases of Treasury bills to maintain adequate levels of cash in the banking system has the potential to restrain long-term yields, interest-rate strategists at Bank of America Corp....
By Elizabeth Stanton · Bloomberg Markets
Federal Reserve purchases of Treasury bills to maintain adequate levels of cash in the banking system has the potential to restrain long-term yields, interest-rate strategists at Bank of America Corp. say.