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PGIM Fixed Income

2021 Top 500 ranking: 26

Markets Take Fed’s Step to Tapering In Stride

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While seemingly unremarkable, the Federal Reserve arguably had a very successful transition meeting today: it managed to take an uneventful step towards tapering bond purchases. Our view has been that tapering by year end is likely, and today’s meeting has moved the Fed one step further in that direction.

PGIM Fixed Income

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