Board of Governors of the Federal Reserve System

Finance and Economics Discussion Series Federal Reserve Board, Washington, D.C. ISSN 1936-2854 (Print) ISSN 2767-3898 (Online) Quasi Maximum Likelihood

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to remove the effects of printer- and scanner-introduced tilting) and ...to remove dark spots caused by staple holes, hole punches, and other blemishes

the smallest increase during the past year. A decline of $3.5 billion ...transfer payments was 10.5 per cent at an annual rate in August. It follows

the rate equal to the high yield of the 10-year Treasury note auctioned...the use of a 360-day year of 12 30-day months for purposes of computing

Treasury securities would cause U.S. long-term yields to fall, mitigating...Treasury yields down.9 Despite the drop in yields, overall financial conditions

Treasury, General Account 55,718 - 9,197 - 1,858 44,942 U.S. Treasury,...Treasury’s Series F preferred stock commitment and then transferred by

The Policy Outlook in an Uncertain Environment,” the expected path for

Treasury financing policies that had existed during and since the war ...Treasury securities to go into the market in amounts sufficient to absorb

The Policy Outlook in an Uncertain Environment,” the staff’s estimated