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The Fed is responsible for turmoil in the bond market and needs to taper its asset purchases sooner, Mohamed El-Erian says

The Fed is responsible for turmoil in the bond market and needs to taper its asset purchases sooner, Mohamed El-Erian says

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El-Erian said that bond yields, often called the most crucial market signal in the world, have long been driven mainly by central banks.

...read full article on Business Insider

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