Reginal Thomas
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U.S. Bonds Are Taking A Hit After The Fed Announced It Will Start Tapering The QE Program

U.S. government bonds are tanking off the news that the Fed will begin to taper its EQ program months ahead of Wall Street expectations. Treasuries maturing in 5 to 7 years are taking the most of the damage. These bonds are considered the mostly richly valued portion of the bonds taking a hit from the news of the tapering.