Selling short-term treasury bills and buying longer-term treasury bonds without creating more new money is called:

Name: Selling short-term treasury bills and buying longer-term treasury bonds without creating more new money is called:
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Operation Twist is a monetary policy strategy where the central bank sells short-term Treasury bills and buys longer-term Treasury bonds to flatten the yield curve without expanding its balance sheet, meaning no new money is created.

Selling Short-Term Treasury Bills and Buying Longer-Term Treasury Bonds Without