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China’s Stimulus Takes A Backseat To Save The Yuan | Michael Howell
Market Depth
The Future of Yield Curve Control
Monetary inflation is a big issue that needs to be addressed in the future./nYield curve control is necessary and should be implemented to manage the situation./nThe Treasury's involvement in debt issuance and targeting money funds indicates concern about liquidity./nSkewing US debt issuance towards bills is a form of yield curve control./nCentral banks may conduct emergency yield curve control by purchasing long-term securities to ensure stability./nCentral banks justify yield curve control based on past examples, such as the UK's intervention./nIt is important to have measures like yield curve control in place.
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