The Fed minutes for April show that some members are considering to taper asset purchases, provided the economy shows “rapid progress.” In this podcast, we discuss this change in Fed communication and look at its effect on the US 10-Year Treasury yield. Once we understand how yields may move, we further consider the potential effects on the Nasdaq, the USD, and gold (XAUUSD). Please listen closely to the read disclaimer between 0.16-2.10 of the podcast.
