High Yield Bond Prices Slump, Yields Surge After FMOC Meeting |
| June 19, 2013 | June 2013 Bond Updates |
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The update from Federal Reserve chairman Bernanke this afternoon was not surprising or even different from previous statements about scaling back QE, and there was no immediate reaction in high-yield and equities, even as U.S. Treasuries plunged, spiking the yield on the 10-year to a 15-month peak, at around 2.34%, from 2.18% yesterday. |
| View more at: http://www.forbes.com/sites/spleverage/2013/06/19/high-yield-bond-prices-slump-yields-surge-after-fmoc-meeting/ |
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