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Health & Fitness

Federal Reserve does not TAPER

Dave Pequet, Neighbor

In a surprising move the FED Reserve announced that it will continue purchasing $85 Billion dollars of Government Bonds per month and will not start "Tapering" in September.  The DJIA and the S&P 500 spiked to new highs. The DJIA advanced 132 points to 15,662. Interest rates on the 10 year TSY Bond went down 10 basis points.

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