IMF: Fed Tapering Could Wipe $2.3 Trillion Off Bond Markets

The IMF has warned that investors could be facing a potential loss of $2.3 trillion (£1.44 trillion) if central banks fail to smoothly unwind the emergency measures carried out during the financial crisis.

The IMF, in its Global Financial Stability Report published today, put a number on the potential impact of messy quantitative unwinding.

Series of initiatives from global bankers

The IMF report highlights a series of initiatives contemplated by various bankers. For instance, IMF points out the U.S. may soon...