Federal Reserve Delays Taper Continues Debasement

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Rising bond yields forced Argentina to show to other lenders for funding reinforcement. Earlier I mentioned how the IMF stepped in. Argentina then broadened its request to entire world Bank and the U.S. Treasury. In the U.S., we now already mentioned support coming from the Fed. Despite all this support and QE action, bond yields in the U.S. use the rise, predictably.