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'''Investopedia''' defines Operation Twist as: "The name given to a [[Federal Reserve]] monetary policy operation that involves the purchase and sale of bonds. "Operation Twist" describes a monetary process where the Fed buys and sells short-term and long-term bonds depending on their objective. For example, in September 2011, the Fed performed Operation Twist in an attempt to lower long-term interest rates. In this operation, the Fed sold short-term Treasury bonds and bought long-term Treasury bonds, which pressured the long-term bond yields downward.[http://www.investopedia.com/terms/o/operation-twist.asp#ixzz1yeESc48R]

'''Investopedia''' defines Operation Twist as: "The name given to a [[Federal Reserve]] monetary policy operation that involves the purchase and sale of bonds. "Operation Twist" describes a monetary process where the Fed buys and sells short-term and long-term bonds depending on their objective. For example, in September 2011, the Fed performed Operation Twist in an attempt to lower long-term interest rates. In this operation, the Fed sold short-term Treasury bonds and bought long-term Treasury bonds, which pressured the long-term bond yields downward."[http://www.investopedia.com/terms/o/operation-twist.asp#ixzz1yeESc48R]

 

 

*[http://www.businessweek.com/news/2012-06-22/feds-lacker-says-operation-twist-wont-help-growth-jobs Fed's Lacker Says Operation Twist Won't Help Growth, Jobs]

[[Category: United States monetary policy]]

[[Category: United States monetary policy]]