Stairway to heaven hits a landing; tapering delinking; rats starting to sniff for a way off the ship

MrTopStep.com

Collective Intelligence! Fed appears close to tapering; we expect tapering at the Jan meeting; tapering won’t unsettle markets like it did in the spring and summer; “the disruptive midyear shift in the expected path of policy rates is unlikely to be repeated. Indeed, G-4 forward rate expectations have moved lower in recent weeks even as […]

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