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: