So first, a little bit of definitions.

Is that the original Victory Bond?

But hopefully at this point you have a sense of what the yield curve is.

Let's say that it has, I don't know, 1 billion 1 billion in government bonds,

So these treasury securities, whether they're T Bills, treasury bills, treasury notes, or treasury bonds.

What is even a treasury?

The Spanish Victory Bond.

Grab the bonds!

I bought Defence Bonds.

What it does with this is it essentially lends it out, so it's essentially buying debt.

And if buying debt seems like a weird thing to say, buying debt is the same thing as lending money (lending money).

I'm just for simplicity not going to do all of them.

A 1 0 U.S. Savings Bond.

This Bond is a masterpiece.

Actually, I believe the one year itself is a note.

Three months I get about the same thing.

Maybe that's like here.

It'd be right about here.

Maybe it's here.

So maybe that's here.

longer, so things that are maybe going to maybe 10 year treasury bonds, or further out than even that.

So let's say the short term overnight borrowing for,

You got plenty put away.

The first time, he takes a picture of the Bond.

like the ones between modernity and tradition,

So I will give the government 1,000, the government would give me a treasury bill.

So, I don't know, I'm just going to make up some things.

And what does that mean?

Is the Bond still negotiable?

I think I had called it Loan C.

And when the government borrows money, they're essentially issuing treasury bills, if you are talking about the U.S., treasury bills and treasury bonds.

Bonds were issued to finance a war.

Like that.

So in exchange it gets treasury securities.

Treasuries.

The game's objective is simply to lead correctly your country

And this is just definitional.

So it's going to be 6,000 times 1,000 bond certificates.

Business Address Country

This guy runs the China Investment Corporation.

This Bond does have a fascinating history.

You said it was oil futures.

Back in the beginning of the data presented in this chart,

And this non traditional type of intervention, where the Fed is no longer concerned about a target rate, because the target rate is already at zero, where the Fed is not purchasing short term debt, but is trying to buy longer term debt, things further down the yield curve, and maybe things that aren't Treasury securities to begin with, maybe they're starting to buy corporate debt, maybe they're starting to buy mortgage backed securities, this is called quantitative easing quantitative easing.

And we really like it.