"Taper is coming soon, but its effects will be off-set by significant declines in Treasury and Agency MBS issuance. The Fed is trying to tell you that lift-off is closer, but still far away. The taper will be a non-issue."
"Taper is coming soon, but its effects will be off-set by significant declines in Treasury and Agency MBS issuance. The Fed is trying to tell you that lift-off is closer, but still far away. The taper will be a non-issue."