The Fed says it will buy up to $300 billion in long-term Treasury securities over the next six months.
Doing so could help the economy because many kinds of debt — from mortgages to corporate bonds — are linked to Treasury rates. Fed purchases would
boost Treasury prices and drive down their rates. That would ripple through and lower rates on other kinds of debt.
This content community relies on user-generated content from our member contributors. The opinions of our members are not those of site ownership who maintains strict editorial agnosticism and simply provides a collaborative venue for free expression.