By: Wall Street Pit
August 01, 2013 at 11:12 AM EDT
If Bernanke Does Not Taper Soon, The Bond Market Will Force Him
Since yesterday’s highly anticipated FOMC meeting the major stock indexes are soaring. As you all know, the Federal Reserve said that they will continue their current $85 billion a month QE-3 program. The current QE-3 program is where the central bank buys $45 billion in mortgage backed securities (MBS) and another $40 billion in U.S. [...] View the full post at: If Bernanke Does Not Taper Soon, The Bond Market Will Force Him Related posts: The Bond Market: Demand for U.S. Assets at Record Highs California Hikes Yield in Bond Sale to Lure Investors Credit Easing Having the Indended Effect, Bernanke Says
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