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EFTA Document EFTA01385922
Title Matchefta-efta01385922
Case Filesd-10-EFTA01385922Dept. of JusticeEFTA Document EFTA01385922
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Case File
sd-10-EFTA01385922Dept. of JusticeEFTA Document EFTA01385922
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27 March 2015 US Faced Income Weekly Term premium itself could also adjust even if the terminal funds rate outlook doesn't. In many ways this is probably a bigger risk especially if we link the term premium decline to foreign demand for US rates. We showed the other week the correlation between the decline in the term premium and "overinvestment" by foreign central banks into Treasuries. Note that the term premium enjoyed an accelerated decline in late 2014 but has since been more stable
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Dept. of Justice
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sd-10-EFTA01385922
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