Fed hasn't reached a consensus about when or whether to cap yields on short-term Treasurys

Author: Adam Button | Category: Central Banks

Report from the WSJ

This is just out from the WSJ:

The Federal Reserve is unlikely to cap short-term Treasury yields as part of its initial package of economic stimulus measures, instead reserving the option to cap yields later.
They story cites public comments but you never know what the WSJ knows. I'd say that the days of leaks to the journal are over but that sentiment still exists.

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