Bloomberg
Don’t Fear the Taper: Fed to Dominate Treasury Market for Years
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Treasury investors fretting about when the Federal Reserve will scale back its bond purchases may be missing the bigger picture: Its more than $5 trillion stockpile will make it a major force for years to come.The prospect of a pullback in buying edged a little nearer Wednesday when minutes of the Federal Open…
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