Wednesday, June 13, 2007

UPDATE 2-NY Fed's Dudley says markets well behaved

(Reuters) - "Generally, this year has been marked by low volatility and
ample liquidity in most segments of the fixed-income, equities
and foreign exchange markets," said William Dudley, executive
vice president at the New York Fed, who oversees financial
markets.




U.S. bond yields have risen sharply in recent weeks to
five-year highs on concerns about inflation and monetary policy
and Dudley noted in his remarks that bond market selling had
intensified on Tuesday. Bond yields and prices move inversely.


Read more at Reuters.com Bonds News

1 comment:

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