Not sure about that Lenloc.
What he said below still sounds more on the bull side to taper.
Also the MBS market fell further after he spoke, so they felt bullish on the taper side to.
He sounded Dovish in some parts probably because of the interest rate moves after his last talk.
I'm sure they want to calm things down.
-- "I think there are some risks now that we have to pay attention to, but I think it's also the case that there are some positive factors that, with some luck, will generate somewhat faster growth and continued improvement in labor-market conditions."
mbs market did not fall further. In fact instead of being down 20/32 ticks it was only down 6/32 for the day. So we rallied and the 10 year fell to 2.63. If you read the CNBC summary it explains that ben's comments were very dovish. Mreits are going to be in the sweet spot - ultra low short end rates and a good spread between short and long.