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Powell’s Words Imply ‘Short Treasuries’

Powell's Words Imply 'Short Treasuries'

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Fed Chair Powell indicated in his FOMC press conference last Wednesday that he wants the Fed to be out of the QE business by mid-year 2022. That implies a rate of tapering of bond purchases by $15-20 billion per month from the present rate of $120 billion per month.

...read full article on Seeking Alpha

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