Financial Market Highlights 12-20-12

Posted December 20, 2012 by rvillareal

Fiscal Cliff Continues to Loom Over Markets

• Treasury yields higher in December, near 1.8% for the 10yr.  
• Operation Twist gets replaced by outright MBS purchases of $45 Billion a month.
•  Fed Commits to low rate until progress toward full employment is clearly evident.
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