Treasury Yields were flat on wednesday as investors monitor the coronavirus development and the progress of the economic recovery. The Yield on the Benchmark 10-Year Treasury Note Was Little Changed at 0.755% and the yield on the 30-year bond edged up to 1,550%. A Dide Economic Outlook from the International Monetary Fund (IMF) late on Tuesday offering a reality check to investors hoping for a rapid rebound for the global economy. (CNBC) The U.S. Federal Reserve has Started Buying Corporate Bonds in the Secondary Market, but it doesn`t the first of its peers to do so. The european central bank has been buying investment-grade corporate debt for more than four years, amassing the equivalent in euros of a $ 250 billion portfolio. Coincidentally, that`s how much the three-mat fed program will be able to purchase. The Chief Lessons from the ECB are that it`s easier to start doing this than to stop and that the immediate benefits of these monetary tools wear off over time. Fed Governor Jay Powell has also learned the need for clarity. (Bloomberg) Source: Danareksa Sekuritas Debt Researchphoto by Juan Davila On Unssplash