How Fed Could Goose Economy via Yield-Curve Control: QuickTake – Bloomberg

Central banks set short-term rates and markets set the rest, right? That’s just the way thing work — except in dire need, like when facing a pandemic’s massive economic disruption. The U.S. Federal Reserve is just the latest central bank to give serious consideration to a policy called yield-curve control that seeks to hold down longer-term interest rates by capping what the government pays on its debt.
— Read on www.bloomberg.com/news/articles/2020-05-29/how-fed-could-goose-economy-via-yield-curve-control-quicktake