Posts Tagged ‘FOMC Chairman’
Currency Articles, LiveWire Economics Blog - September 16, 2013 14:00
Summers Out as Fed Chair Nets Bond Buying
The news that Larry Summers has withdrawn his name from contention for being Ben Bernanke’s replacement as the Chairman of the FOMC had an immediate effect on the markets, sending equity futures rising along with bond prices. The benchmark 10 year US Treasury Note yield dropped nearly 90 basis points and is trading at an […]
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