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Tim Duy: The Fed Will Soon Embrace Yield-Curve Control


The central bank may have its doubts now about the strategy, but a worsening economy will force its hand. The Federal Reserve might not be ready to explicitly target yields on U.S. Treasury securities to keep them from rising and hindering the economic recovery, but that doesn’t mean it won’t happen. If you believe the Fed will be under

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Posted: July 8, 2020 Wednesday 08:30 AM