Balancing The Balance Sheets – Bond Market Commentary
admin2017-06-05T17:38:01-07:00The minutes of the Federal Reserve’s (Fed) May 2–3, 2017 meeting signaled that the Fed is likely to continue tightening monetary policy and may begin to normalize (reduce) its balance sheet toward year-end. The unwinding of the balance sheet by the Fed and the strategy it employs to accomplish this will be material to global markets. Despite [...]