Friday, December 20, 2013

Inflation, jobs will drive further US taper | ummid.com

Inflation, jobs will drive further US taper | ummid.com
For bond and currency traders, it was all a matter of positioning and correctly timing their short bonds and long dollar trades. At some point, the market had to price in this withdrawal of easy liquidity and valuations had to be justified in a post-Quantitative Easing regime.