No Help For Housing In Fed's Latest Move |
| September 22, 2011 | September 2011 Bond Updates |
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The Federal Reserve is commencing Operation Twist as expected, announcing Wednesday that it will turn $400 billion in short-term U.S. debt into longer-term paper by June 2012. The attempt to flatten the yield curve is aimed at greasing the wheels for an economic recovery that has been fighting uphill, but that may be a losing battle. |
| View more at: http://www.forbes.com/sites/steveschaefer/2011/09/22/no-help-for-housing-in-bernankes-operation-twist/ |
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