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  4. Paul McCulley
  5. The bond market is debating with itself what the intent of...

The bond market is debating with itself what the intent of the Fed is. I don't think the Fed has a multi-step process. They are taking it step by step.

Paul McCulley
Thinking, Steps, Process
The bond market is debating with itself what the intent of the Fed is. I don't think the Fed has a multi-step process. They are taking it step by step.