Board of Governors of the Federal Reserve System

lower interest rates relative to the ECB. They focus on understanding

remained firmly on the sidelines. Once the rate broke through the DM 2...remained on the sidelines over the past four trading days. Thus we operated

remain. Please note that some material may have been redacted from this

yields on United States Government securities. Under existing conditions...yields in the Government security market. The members of the Committee

yield on thirty-year Treasury bonds dropped as low as 7-1/8 percent, partly...Treasury issue yielded around 8 percent compared with 7-3/8 when the period

remained in deficit in April and early May. The U.S. foreign trade balance...lower rate. Major member banks apparently were bidding in the Federal

yields on Treasury bills from advancing seasonally, despite the large ...Treasury's remaining third quarter needs for new money. In the corporate

yields several basis points above nearby regular issues, so that on a ...Treasury would offer another special Treasury bill similar to the January

moving up at a fast pace. At whole- sale, a deceleration of the upward...yields, which, however, at the moment remain below mid-March peaks. On

remaining 10 percent. Once the Board approves the currency budget, it ...Treasury Department to provide meaningful access to individuals who are