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Euro-zone

Sep 10 2013

Data Dependency—September Taper Still Likely

  • Sep 10, 2013

More upside surprises are still likely and, despite the disappointing jobs report, the overall economic picture still supports a September taper. The improving economic picture is not just happening within the U.S., but in other major countries. We still believe the upside for the U.S. 10-year is limited.