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The Fed has purchased a large amount of United States government debt to implement Quantitative Easing. what is the impact on U.S. Treasury bond yields.

The Fed has purchased a large amount of United States government debt to implement Quantitative Easing. what is the impact on U.S. Treasury bond yields. How and why? what is the impact on U.S. federal government borrowing costs during COVID-19. How and why?

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