in monthly asset purchases, including $80 billion of Treasurys—the type of move that sent shudders through the bond market in the 2013 taper tantrum.
Mr. Powell complied, to a degree, saying he thought the process likely could start before the end of the year. Yields, though, fell when his prepared remarks were made public, underscoring the market’s
welcome to the QE market. the money is fake, the price is fake, the volume is fake, the orders are fake, the counterparties are fake, the exchanges are fake, the reporting is fake. it's all propaganda and politics.
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