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Fed Debates Whether to Reinforce Low-Rate Pledge With Yield Caps
Wall Street Journal, June 7, 2020–Nick Timiraos (subscription)
Officials are studying Australia’s program to buy government securities in unlimited quantities to peg some yields at low levels.
https://www.wsj.com/articles/fed-debates-whether-to-reinforce-low-rate-pledge-with-yield-caps-11591541970?mod=hp_lead_pos10