Markets & Economy

Rates fall on prospect of US intervention in Syria

'Taper tantrum' gives way to realization that Fed does not want to abort the recovery
Published on Jun 14, 2013

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by CareyBot

In the last 24 hours long-term rates have pulled back from the brink of panic. The first leg down came as thinking replaced short-selling: The Fed does not want to abort the mini-maybe-recovery under way. The second leg came overnight ...