Good-bye bond buying, hello volatility


Now that the easy money tap has been turned off, focus is on interest rate hikes which may come next June, or in September or later but the volatility will probably arrive well before the actual hike. File photo is of the Bureau of Engraving and Printing in Washington DC, which shares responsibility for printing all of the paper Federal Reserve notes with a newer western facility that opened in Fort Worth, Texas - AFP Photo.

REUTERS: Saying QE is over is a bit like saying a flood is over when the water, up to your chin, stops rising.

The Fed which, as expected, pulled the trigger on the final taper on Wednesday, still controls a balance sheet it plans to keep steady at US$4.5tril.

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