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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.
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Comments (4)
  • John Mylant
    , contributor
    Comments (284) | Send Message
     
    none
    19 Jun 2013, 02:20 PM Reply Like
  • philipgoldman20@comcast.net
    , contributor
    Comments (16) | Send Message
     
    here we go again to nowhere
    19 Jun 2013, 02:21 PM Reply Like
  • uncensored patriot
    , contributor
    Comments (61) | Send Message
     
    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
  • fpmora
    , contributor
    Comments (16) | Send Message
     
    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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