Bonds Bruised By Bernanke Tease Of QE3

July 14, 2011   |   July 2011 Bond Updates
Bond yields reversed declines inspired by panic-driven trading earlier in the week after Fed Chief Bernanke offered the prospect of another round of quantitative easing should a growth rebound undermine central bankers' forecasts. The dollar balked at the thought of further easing, which Mr. Bernanke said need not rely only on quantitative easing but could mean cutting the rate paid on banks’ excess reserves in an effort to encourage them to lend.

View more at: http://blogs.forbes.com/greatspeculations/2011/07/13/bonds-bruised-by-bernanke-tease-of-qe3/
 
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