Board of Governors of the Federal Reserve System

and that prices were rising at a relatively slow pace from the third to...gold and by reports of progress in international negotiations at the Rome

Treasury and sponsored-agency financing........................... 15 ...Yield spread between medium- and high-grade commercial paper...... 8 Yield

Yield and Spread to Treasury* 7 6 5 4 3 2 Monthly Yield (right scale) ...yields. Treasury yields fro m smoothed yield curve estimated from off-the-run

Yield and Spread to Treasury* Percent 10 9 8 7 6 5 Sept. 4 3 350 300 250...yields. Treasury yields from smoothed yield curve estimated from off-the-run

and, in many cases, sold on balance, apparently for window dressing purposes...yield basis. Guessing as to the rate in today's auction is now down to

concern. The German Finance Ministry openly solicited investments by OPEC...and, ultimately, on how successful we are in our efforts. To summarize

yield on ten-year Treasuries to drift up over the next two years as the...projection—and the Treasury has reported that the disbursements will start

Treasury Yields* Daily *Nominal Treasury yields are estimated from a smoothed...Treasury Yield Curve* Maturity in Years *Smoothed yield curve estimated

A User’s Guide for the Bank Holding Company Performance Report December 2021 B O A R D O F G O V E R N O R S O F T H E F E D E R A L R E S E

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