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Credit Unions: Fed “Tapering” Preview Of Bond Bubble Burst To Come

Monday, October 14, 2013 - 4:19 PM
In May the Federal Reserve Board discussed reducing its purchases of Treasury and mortgage bonds as signs pointed to an improving economy. The “tapering” comment, as the press reported it, led to a spike in Treasury rates and decline in bond market values. The backup in rates provided a sneak preview of the potential damage to credit union balance sheets, underscoring the importance of preparing for the inevitable collapse of the bond bubble.

Fed ?Tapering? Preview of Bond Bubble Burst to Come
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ShorebreakShorebreak2,602 posts since
Apr 6, 2010
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