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Investments / The Ticker

Goldman Sachs CEO: Tapering should not exceed $10B early on

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Goldman Sachs (GS) CEO Lloyd Blankfein said he believes the Fed should taper its monthly asset purchases by no more than $10 billion in the early stages of tapering. Per Seeking Alpha:

Markets have priced in a taper of $10B or less, but anything more than that could make them "sad" as the 150 basis point move in the 10-year yield has already tightened policy 

Source: Seeking Alpha
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