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Home>A Tale of “Taper Tantrum” and Tired Technicals

A Tale of “Taper Tantrum” and Tired Technicals

Perspectives Content Submission

Wed, 10 Jul 2013

Highlights The market’s June correction was a rates-driven event precipitated by Fed hints of tapering its bond purchase program; it was not credit-driven or muni-specific. Although painful, and some might argue overdone, the selloff was healthy in that it restored value in the market. A strong rei

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