Taming the long-term spreads

Given the size of the underlying markets, cutting the cost of capital to firms and households by reducing the yields required on long-term corporate bonds and mortgages is a key policy objective.

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Year of publication:	2009
Authors:	Guidolin, Massimo ; Tam, Yu Man
Published in:	Economic Synopses. - Federal Reserve Bank of St. Louis. - 2009, 26
Publisher:	Federal Reserve Bank of St. Louis
Subject:	Government securities \| Monetary policy \| Interest rates

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005004148