Board of Governors of the Federal Reserve System

Skip to main content An official website of the United States Government Here's how you know Official websites use .gov A .gov website belongs

stable at low levels. Housing inventories continued to fall year-over-year...stable on balance. Demand for home equity loans and lines of credit rose

stable unemployment rate and a flat labor force participation rate. Hiring...stable, suggesting that the American people understand the Federal Reserve

moving, and I tend to think of it as related to the movement in factors...Treasury security must determine the appropriate price (or yield) by thinking

Treasury Yields Fallen Since the 1980s? Expected Short Rates and Term ...Treasury yields have fallen since the 1980s. Standard decompositions of

yields a model that would have produced more stable loss projections over

lower, with credit quality generally unchanged. Energy and agricultural...lower-priced apparel stores. Indeed, sales at discount stores in general

Treasury yields in the chart track each other closely. The term premiums...lower tail of the firm's and the market return distributions. The distress

remained weak this year, following an extraordinary period of buoyant ...remain contained as resource utilization eased and energy prices backed

stable, while construction activity has remained very subdued. Loan demand...lower-end models. Tourism activity has generally strengthened since the