NEW YORK ( ETF Expert) --In the steamy September days of central bank euphoria, back around Sept. 13-14, Federal Reserve Chairman Ben Bernanke announced the Fed would immediately begin purchasing $40 billion in mortgage-backed securities each month. What's more, the chairman did not include an end date for the quantitative easing program known as "QE3."Bernanke's summertime bazooka sent S&P 500 stocks skyward, as the heralded benchmark hit an intra-day level of 1,474. Scores of media players began chatting up the possibility of year-end highs in the mid-1,500s.
QE3 Revs Up Emerging-Market Corporate Bonds, Currencies
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