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/MBS: The Fed's Balance Sheet Taper.........>

US TSYS
US TSYS: /MBS: The Fed's Balance Sheet Taper starts today with MBS taper
announcement, and below is chart schedule of monthly caps consistent with FOMC
Sept 20 decision and June 2017 addendum: 
-
MONTHLY CAPS ON SOMA SECURITIES REDUCTIONS
            US   TREASURIES.../AGENCY (MBS)/MONTH CAP 
- Oct-Dec 2017.. $6 billion./$4 billion
- Jan-Mar 2018.. $12 billion/$8 billion
- Apr-Jun 2018 $18 billion../$12 billion
- Jul-Sep 2018 $24 billion../$16 billion
- From Oct 2018** $30 billion $20 billion
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- 1) Taper: https://www.newyorkfed.org/markets/opolicy/operating_policy_170920
- 2) Handy for Taper policy background: The Fed Board Taper Sep20 news release:
https://www.federalreserve.gov/newsevents/pressreleases/monetary20170920a1.html

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