Bond Investors Should Not Mourn the End of QE
April 19, 2018 at 09:00 AM EDT
For nearly a decade, quantitative easing (QE) has been a significant driver of capital markets. Born in March 2009 as a response to the global financial crisis, QE loomed large in the minds of investors as the Federal Reserve vacuumed up U.S. Treasury bonds and mortgage-backed securities. The Fed’s...