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What is a primary reason for the yield on 3-month Treasury bills being low during recessions?

kolitchko

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What is a primary reason for the yield on 3-month Treasury bills being low during recessions?

What is a primary reason for the yield on 3-month Treasury bills being low during recessions?
A) low risk premium
B) the Fed pushing short-term interest rates down
C) rising inflation
D) the inversion of the yield curve

Textbook

Money, Banking, and the Financial System

Money, Banking, and the Financial System

Edition: 3^rd

Authors: Hubbard, O'Brien

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pepebilly

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kolitchko Author

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