Bernanke's great trial at the beginning of the end

Calming investor minds will be crucial when the end of QE3 is eventually signalled. If the Fed fails this task, a bond market meltdown may just be the start.

If the mere raising of the prospect that the US Federal Reserve Board might ‘’taper’’ its $US85 billion a month of bond and mortgage buying could cause the kind of volatility experienced in financial markets in the past few weeks what might happen when the Fed does start winding back its quantitative easing program?


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