Why the bond market isn’t freaking out from the Fed’s shift to quantitative tightening

The Federal Reserve decision to start to shrink its balance sheet is expected to have a material influence on asset markets over time. Yet the bond market seems largely to have shrugged it off. In late July, the Fed warned the market that the balance sheet deduction would begin “relatively soon,”...

Why the bond market isn’t freaking out from the Fed’s shift to quantitative tightening