Kansas City Fed's chairman supports tapering

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Esther George, the Federal Reserve Bank of Kansas City president, announced during his speech on Thursday that U.S. economy is improving and labor market conditions are quite good to start tapering stimulus, which now stands at $85 billion per month. On these news U.S. government bonds' almost stopped falling, as the 10-year bond yields added only 0.01% to 2.66% at 5:40 GMT on Friday.

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