News
Market Watch | The Treasury won’t do the twist
The Federal Reserve’s latest efforts to push long term interest rates down is running up against the Treasury’s attempt to lock in today’s historically low borrowing costs.
Bloomberg | Draghi May Enter Twilight Zone Where Fed Fears to Tread
European Central Bank President Mario Draghi is contemplating taking interest rates into a twilight zone shunned by the Federal Reserve.
Blogs
WSJ | Fed’s Fisher: Twist Plan Having Very Minor Effect
The Federal Reserve‘s Operation Twist program to push down bond yields is only having a “very minor effect” on the economy, said Richard Fisher, the president of the Federal Reserve Bank of Dallas, on Tuesday.
Economist | The twilight of the central banker
The ability of central bankers to bandage over the harm inflicted by bumbling politicians is limited, warns the BIS in its latest annual report. Unless the world embraces the sober leadership of the wise central banker disaster looms.
WSJ | Forecasts Hint Fed Might Change Rate Guidance
As regional Federal Reserve bank presidents return to the speaking circuit this week, many investors will be scrounging for clues as to whether the central bank plans to launch a third major bond-buying program later this summer.
