Factors Behind Low Long‑Term Interest Rates
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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Long-term bond yields have been low in recent years both in nominal and real terms, and . especially in the United States - they have reacted differently to shifts in monetary and fiscal stances relative to previous cycles. This article examines various possible explanations for this behaviour, such as the effects of changes in monetary policy...



