Big news in the world of money! Banks might be allowed to hold more government bonds (like special savings accounts). This could change how much money people earn on those bonds and also affect other investments.
- Banks might get to hold more government bonds because of new rules.
- This could make the interest rates on these bonds go down.
- This affects a huge market where people trade and share financial risks.
Thing | Number |
---|---|
Amount of money in the interest rate market | Over $500 trillion! |
Change in 5-year bond rates | Went down by about 5 basis points |
Change in 30-year bond rates | Went down by about 8 basis points |