Bernanke Says Fed on Course to End Asset Purchases in 2014
10year Treasury soars to 2.33%; higher interest rates coming; USD strong...
http://www.bloomberg.com/news/2013-06-19/fed-keeps-85-billion-pace-of-bond-buying-sees-risks-waning.html
Bernanke Says Fed on Course to End Asset Purchases in 2014
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Bernanke Says Fed on Course to End Asset Purchases in 2014
by Country » Wed Jun 19, 2013 2:33 pm
Humankind has not woven the web of life. We are but one thread within it. Whatever we do to the web, we do to ourselves. All things are bound together. All things connect. ~Chief Seattle, 1855
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Re: Bernanke Says Fed on Course to End Asset Purchases in 20
by 68Camaro » Wed Jun 19, 2013 9:06 pm
Makes no sense - soon they won't be able to finance new debt at the new rates.
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
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Re: Bernanke Says Fed on Course to End Asset Purchases in 20
by Mossy » Wed Jun 26, 2013 6:49 pm
2014 because it would be too obvious if they waited until 2016.
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