, James Turk Blog: Imagine What is Going to Happen When the FED Actually Tapers

Thursday, January 2, 2014

Imagine What is Going to Happen When the FED Actually Tapers

The yield on the 10-year T-note is about to hurdle above 3%, Eric. Imagine what is going to happen to yields when the Federal Reserve begins its so-called tapering in January -- buying $10 billion less government debt each month. The demand for that debt will only appear at higher yields....

- James Turk via a recent interview with King World News, read more here: