Is the Fed Taking a Step Toward Explicit Quantitative Easing? [View article]
Wish I better understood exactly HOW the mechanism of the Fed "buying longer term treasuries" works. What does it accomplish? What motivations (among buyers/sellers) does it change, i.e. what value is supposedly added? What are it's risks?
Is the Fed Taking a Step Toward Explicit Quantitative Easing? [View article]