Board of Governors of the Federal Reserve System

remain. The raw transcript was not fully edited for accuracy at the time...Treasury needs to get a yield on them. In the Swiss franc market you're

lower than the MPCs of lower-income groups. In fact, half of the most ...or liquid wealth holdings) and its implication for aggregate demand and

moving the funds rate a little would be viewed as a very strong signal

Treasury bills and certifi cates equal to a specified percentage of net...Treasury and recapture interest rate variability without increasing the

Treasury bill rate to 80 percent of the three-month Treasury bill rate...lower revenue, associated with less-than-anticipated volume growth, and

Treasury. It became clear when the Secretary was on his way to Los Angeles...lower its interest rates. We had, I think, full support in that group

remain. Please note that this document may contain occasional gaps in ...yield spreads.................................... 14 APPENDIX A: Money

Treasury yields, roughly the same magnitude as the spillover of movements...Treasury yields to German bund yields following Federal Reserve policy

yields put more upward pressure on corporate yields. Consequently, when...yield advance of 6 basis points in free market trading brought yields

lower dollar, and as the relative financial attractiveness of dollar investments...yields on short- to intermediate-term Treasury coupon issues were down