When FOMC minutes suggested the Federal Reserve might not employ yield curve control, the markets reacted angrily. On today???¬??s edition of The Breakdown???¬??s Long Reads Sunday, our selections have to do with one of the hottest topics in central banking: yield curve control.?? ???¬?What Is Yield Curve Control????¬??The first piece is from the St. Louis Federal Reserve and is a primer on YCC, including past U.S. implementations as well as versions from Japan and Australia.?? ???¬?Market Jitters Show How Much Fed Medicine Matters???¬??Our second piece is an op-ed about how dramatically markets reacted to this small detail from the Federal
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