3 ms·
Wow, no kidding. I wonder how the mix has changed? Obviously I was wondering about overall going down, but I seem to recall there being like a change of short f
by foota 7y ago
Wow, no kidding. I wonder how the mix has changed? Obviously I was wondering about overall going down, but I seem to recall there being like a change of short for long term assets or something?
- kp98 7y agoThe fed purchased long term assets like mortgage backed securities to provide liquidity and relief to corporations that held too much bad debt on their balance sheets. This provided immediate relief for distressed institutions. The fed also expanded the balance sheet by selling long term bonds, which offered relatively lower rates in comparison to short term notes and bills, this provided the cash infusion needed for QE to stimulate the economy.