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Bond prices (TLT -0.7%) slip following the more upbeat assessment of the economy from the FOMC....

Bond prices (TLT -0.7%) slip following the more upbeat assessment of the economy from the FOMC. Higher growth and lower unemployment projections spell maybe a quicker schedule for tapering and eventual tightening, but materially lower inflation expectations say the opposite. Stocks give up a bit of ground as well, the S&P 500 (SPY -0.3%). The dollar (UUP +0.3%) pops higher across the board.
Comments (4)
  • none
    19 Jun 2013, 02:20 PM Reply Like
  • here we go again to nowhere
    19 Jun 2013, 02:21 PM Reply Like
  • More upbeat assessment of the economy? For the Fed, that means big busn takes more money from Americans.
    Watch out!! Do not trust the Fed.
    19 Jun 2013, 02:33 PM Reply Like
  • Bond prices fall, bond yields rise and mortgage interest rates drop. Still want to re-finance. Not too worried that I missed the boat.
    20 Jun 2013, 11:52 AM Reply Like
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