So last week the news out of the Fed meeting was that they would reduce its monthy bond purchases to USD 75 bn from USD 85 bn. Bernanke retires @ the end of January and Yellen then takes over, whats the Fed policy likely to be going forward? See below…
Read More →This a great editorial from Jim O’Neill, the former head of Goldman Sachs Asset Mangement, the snippets below are what I found to be most interesting: A return to normality eventually implies a benchmark 10-year Treasury yield of 4 percent or more In recent years, the search for yield has gone wider and deeper. The resulting […]
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