Bond Market Set to Test Powell Push to Delink Hikes From Taper (As FANG+ Stocks SOAR With Fed Asset Purchases And ADP Added Only 374k Jobs In August)
by confoundedinterest17 Since the original model of The Federal Reserve was to purchase Treasuries and Agency MBS in an effort to push down interest rates, it will be quite difficult to delink the two: taper the balance sheet while not …