The Fed’s Other Policy Tool

While the Federal Reserve’s dual mandate focuses on achieving maximum employment and stable prices, managing long-term interest rates has also played a significant role since the enactment of the Federal Reserve Act in 1977.1 Recent actions have raised questions about the Fed potentially anchoring the 10-year Treasury yield to remain within a range of 4.0% [...] The post The Fed’s Other Policy Tool appeared first on ETF Trends .