tapered

A Treasury selloff tapered off, leaving yields little changed from Friday, as Fed officials reiterated the message that a December cut is far from certain and the government shutdown kept delaying data points.

In the late 1920s, the Sheaffer Pen Company introduced a lever-filling mechanism and a tapered shape that influenced the cigar-shaped fountain pens that came after.

As sales growth tapered off and the company continued losing money, though, investors soured on its shares, which slid more than 80% over the course of 2022.

These shapes, which were sometimes thousands of miles apart, weren’t natural formations: Defined by stone walls, they tapered over large stretches of terrain, ending at enclosures surrounded by curious circular shapes.

Regarding uncertainties over how tariffs would impact inflation and corporate profitability, those worries have tapered off as time has passed.