The Yield Curve in 2009 Was Very Low,with Short-Term Rates

question 141

Essay

The yield curve in 2009 was very low,with short-term rates close to zero and long-term rates below 5 percent.What factors contributed to such low interest rates?

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Definitions:

Responses

Reactions or actions in answer to a stimulus or situation.

Posttraumatic Stress Disorder

A mental health condition triggered by experiencing or witnessing a terrifying event, characterized by flashbacks, nightmares, and severe anxiety.

Recurrent

Occurring repeatedly or periodically.

Intrusive Thoughts

Unwanted, involuntary thoughts, images, or ideas that can be distressing or disturbing.