Bonds: In Search of Higher YieldsDavid Bogoslaw
With yields on longer-dated Treasury securities on the rise since the start of 2009, there's been some debate about how the Federal Reserve should proceed if it wants to keep interest rates capped in order to free up more credit to individuals and small businesses. On Jan. 28, the Federal Open Market Committee, the central bank's policy-making arm, voted to maintain the target range for the Fed funds rate at zero to 0.25% and said it wouldn't purchase Treasuries at this time.
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