Volumes Drop Off a Cliff as Year End Approaches

Its been pretty slim pickings as of late, especially in Bond markets and Spreads. Bunds as of now only traded 124k lots, Euribor spreads, aren't moving, and Short Sterling has seemed as if the market has been shut the past week. Been stuck in a small spread for a week now, and it hasn't looked close to giving me an out.
If there is going to be any action it will be in the Equity space, which traditionally at this time of the year move up as the end of year window dressing will come into force. The small pullback we have had in the past two weeks will give more impetus for the train to continue its ride. The only thing that can derail this in my opinion is something unexpected from the FED on Wednesday or, budget disagreements in the US.

Wednesday however is likely to be a pretty big day, as there some calls for early tapering, which is warranted in my opinion since data has been better, and also the fact that is it really necessary to maintain 85 BILLION $s worth of purchases a month at this time, 5 years after the crisis, I think not. Personally I think the FED will choke and maintain need for extra stimulus for months ahead, but I hope I'm wrong. Either way this is likely to be the last main event of the year, so praying for some good moves!