It's a good move. It flattens the yield curve and brings long-term rates down.
Quotes about flattens (4 Quotes)
Is there something in trade that desiccates and flattens out, that turns men into dried leaves at the age of forty Certainly there is. It is not due to trade but to intensity of self-seeking, combined with narrowness of occupation. Business has destroyed the very knowledge in us of all other natural forces except business.
Probably this will raise the cost of programming across the board for all of the networks, and this is not a positive element for network profits if advertising growth flattens out, which it very well may over the course of three or four years, ... In fact, it is almost a certainty that over that length of time you are going to have an economic slowdown.
What a sandwich maker does is make the grilled cheese a little more special. Not only does it make the marks, but it flattens it well and makes for a good cheese-bread ratio.