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Fed's QE Unwind Accelerates Sharply

``... in total, since the beginning of the QE Unwind, the balance of Treasuries has plunged by $30 billion, to hit the lowest since August 27, 2014... the Fed is shedding [Treasuries and MBS] -- after everyone had said for years that it could never shed them. The Treasury market may be finally paying attention: The 10-year yield closed today at 2.78%, the highest since April 2014.
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