Monday, June 24, 2013

No rush to leave bonds just yet





The announcement from the chairman of the United States Federal Reserve. Ben Bernanke, last week that the US central bank will start unwinding its money-printing programme, known as quantitative easing, had a big impact on bond prices.


As Bernanke made the comments, investors dumped bonds, and yields on 10-year US treasuries rose 17 basis points, or 0.17 percentage point.









via Business feed http://www.scmp.com/business/money/markets-investing/article/1267337/no-rush-leave-bonds-just-yet

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