Yes, and look at the fed balance sheet. It skyrocketed the past couple of months.
https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
The fed is printing money and buying the government’s debt and thus manipulating the interest rate to where it wants it to be.
And given the alternative (a total crash of the economy and widespread despair) that’s not a bad thing. Hopefully the fed will be smart and wise enough that, as things start returning to normal, they will be able to navigate the tricky reversal successfully.