The Effects of Quantitative Easing on Bond Prices

The federal reserve does have a considerable amount of control over the short end right? Yeah, you would look at the two-year treasury for example that's highly influenced by short-run policy. But then you get around to the five seven year the belly of the curve really from seven years on out and there's really at times Not much influence at all including the current age That was a perfect example. We have we have tapering and terminating quantitative easing yet bond prices remain stubbornly high here.