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Here's What The Fed's QE Tapering Will Look Like, According To Goldman

by Tyler Durden Earlier today we showed that as a result of record high inflation expectations... ... the mood on Wall Street as revealed by the latest BofA Fund Managers Survey has reversed dramatically, and March saw the biggest jump in short-term rate expectations in 2 years, up 16% to net 49%... ... even though, on average, 1st Fed rate hike not expected until February 23. Incidentally, this is not too far off from the markets own pricing which now implies almost three rate hikes by the e...
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