'Taper terror' remains main focus area: Rabobank
The Federal Reserve's QE taper debate remains the sole focus of the market, at present, tells Rabobank's senior strategist, Jane Foley. Although a strong reading in last week's US payrolls data has raised speculation the US central bank could trim its bond buying earlier than anticipated, bond yields have remained below their September peak, she says. She also says this is an indication that investors believe that Ms Janet Yellen may keep interest rates low for a long time even after the tapering begins.
