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September 01, 2020 1:32pm
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Taper Talk Is Back, But It Doesn’t Have to Be 2013 All Over Again

When the U.S. economy appeared to be on fragile ground, the Federal Reserve stepped up to support the bond market by purchasing massive amounts of corporate bond exchange traded funds. It also purchased billions upon billions of dollars of Treasuries and mortgage-backed securities (MBS). The thing...
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Photography by Christophe Tomatis
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