Fixed-Income Readings

READING 1: "Monetary Policy Actions and Long-Term Interest Rates (Available Online)," V. Vance Roley and Gordon H. Sellon, Jr., Economic Review, Federal Reserve Bank of Kansas City (Fourth Quarter 1995), pp. 73-89. This reading examines the relationship between U.S. monetary policy and long-term interest rates, showing that the relationship is not stable but, instead, varies over the course of ... ................
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