The move caused China's entire yield curve to drop 15 basis points and raised interesting questions about the PBOC's policy intent. (blog.pimco.com)
And in fact, the Fed could theoretically control the entire yield curve of US government debt if it merely targeted a rate. (pragcap.com)
The neutral rate — which anchors the level of the entire yield curve — is a useful starting point for understanding what's driving low interest rates. (blackrockblog.com)