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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