Here's What The Fed's Quantitative Tightening Will Look Like

Here’s What The Fed’s Quantitative Tightening Will Look Like As we noted last night, the December FOMC meeting minutes included a lengthy discussion of the timing and speed of Fed balance sheet shrinkage (quantitative tightening or “QT”), an unexpected twist which sent risk assets and Treasurys tumbling. The broad message appears to be that QT […]

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