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3Novices:Watch for these two unexpected outcomes as the Fed moves to shrink its balance sheet

The Federal Reserve has raised rates and outlined its plans to shrink the size of its balance sheet but US Treasury yields have not yet taken the hint. “Financial markets have utterly ignored this week’s communication from the Fed – at least in terms of the tightening profile,” Dutch financial services group ING wrote on Friday.
Or perhaps the response of financial markets is a rational reaction to the Fed’s announcements. While the response so far does not…
June 20, 2017 at 04:17AM http://ift.tt/2sMcvWM
#3Novices #News #OnlineMedia #China 3Novices China

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