Treasury Yields Plungeed After the Federal Reserve Pledged No Limit Asset Purchases

24 March 2020

Research

Treasury Yields plungeed on Monday after the federal reserve pledged asset purchases with no limit to support the market amid the coronavirus pandemic. The rate last traditioned at 0.82%. The Yield on the 30-Year Treasury Bond Fell 20 Basis Points to 1.34%. The Fed Said Monday it will continue its assets purchasing program including treasurys and commercial mortgage-back securities "in the amounts needs to support smooth market functioning and effective transmission of the monetary policy" Photo by Jonathan Riley On Unssplash