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11. "In 2015 bad news was good news. Look at the graphs and explain why?...

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11. "In 2015 bad news was good news. Look at the graphs and explain why? Compare this period with 2019 when the Fed had to change its monetary policy strategy dramatically. (10 pts) FRED - ICE Bof AML US Corporate AAA Effective Yield - ICE BofAML US High Yield BB Effective Yield 2015.05 2015-07 2015.09 2015.11 2016.01 Source: ICE Benchmark Administration Limited (IBA) myf.red/g/pKLO FRED 10-Year Treasury Constant Maturity Minus 2-Year Treasury Constant Maturity 18 1.7 sampling 1.5 Mh you 1.4 13 Samorro 12 11 10 Chaptserth 0.9 2015-07 2015-09 2015-11 2016-01 2016-03 2016.05 Source: Federal Reserve Bank of St. Louis myf.red/g/PKME 11. "In 2015 bad news was good news. Look at the graphs and explain why? Compare this period with 2019 when the Fed had to change its monetary policy strategy dramatically. (10 pts) FRED - ICE Bof AML US Corporate AAA Effective Yield - ICE BofAML US High Yield BB Effective Yield 2015.05 2015-07 2015.09 2015.11 2016.01 Source: ICE Benchmark Administration Limited (IBA) myf.red/g/pKLO FRED 10-Year Treasury Constant Maturity Minus 2-Year Treasury Constant Maturity 18 1.7 sampling 1.5 Mh you 1.4 13 Samorro 12 11 10 Chaptserth 0.9 2015-07 2015-09 2015-11 2016-01 2016-03 2016.05 Source: Federal Reserve Bank of St. Louis myf.red/g/PKME

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