Wednesday, October 22, 2014
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financials

Fed to taper bond buying by $10 billion a month

The Federal Reserve announced Wednesday it would start to taper its aggressive bond-buying program to $75 billion a month beginning in January, propelling the market to a record close.

Treasuries Rise Before Fed Policy Makers Start Two-Day Meeting

Treasuries rose, with benchmark 10-year yields falling the most in a week, before U.S. policy makers start a two-day meeting to decide whether to reduce their debt-buying program.

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