Treasury Yields Fall –

Treasury yields for 30 year bonds fell below 3% for the first time since 2009.  The Federal Reserve announced that it will purchase long term debt and sell shorter term debt in an attempt to spur economic growth.  It is expected that they will purchase $400 billion of debt with 6 to 30 year maturites and sell the same amount of debt with maturites of 3 years or less.

To read a related Bloomberg article, please click here:

James Sutliff

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