Fed Tapers Asset Purchases By $10 Billion Per Month (Both Equities and Treasury Yields Rise)

http://confoundedinterest.wordpress.com/2013/12/18/fed-tapers-asset-purchases-by-10-billion-per-month-both-equities-and-treasury-yields-rise/

Dec. 18 (Bloomberg) — Federal Reserve officials raised their assessment of the outlook for the job market, predicting the unemployment rate will fall as low as 6.3 percent by the end of next year, compared with a September projection of 6.4 percent to 6.8 percent.
The Treasury 10 year yield rose prior to the announcement, then fell back to +3.7 basis points.

$75 Billion is still a lot of money, but it leaves room for the Dove...Yellen.