Mar 26th, 2009 - CNNMoney
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NEW YORK (CNNMoney.com) -- The Federal Reserve hoped that low bond yields would help heat up the housing market and consumer lending, but low yields may also have helped to ignite the stock market.
After announcing last week that the government will buy back its own debt over the next six months, Treasury yields, which move in a direction opposite to prices, have fallen near three-month lows. Although that may be good for borrowers of loans tied to bond yields, investors can't like the measly earnings they're due to receive on their holdings.
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