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11 Tapirs That Are Worried About The Taper
The big story of the week is the Federal Reserve. Everyone wants to know what Fed Chairman Ben Bernanke will indicate about "the taper" – the possible reduction of monthly bond purchases it's expected to make under its quantitative easing program later this year. At the moment, the Fed purchases $85 billion worth of bonds in an effort to drive interest rates lower and inject liquidity in the market. Fears that the Fed will pull back on these purchases have caused Treasury bond yields to rise, in turn causing all kinds of ructions in global markets. So why are people so concerned? To help explain, we've employed ... (full story)
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- Jun 17, 2013 11:32pm Jun 17, 2013 11:32pm
- krunfx
- Joined Jun 2009 | Status: Carry Trader that not want interest | 342 Comments | Online Now
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- Pip Anon
- Joined Jan 2013 | Status: Trading defies logic | 1796 Comments
When the facts change I change my mind, what do you do sir
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