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Financial Market Highlights 12-20-12
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.Not yet a Decision Economics member? Click here to register for a FREE 30 day trial.If you are already a member, click here to login.