Treasury prices steady after Bernanke release
Posted: Fri Aug 31, 2012 5:17 pmTreasury prices steady after Bernanke release
from MarketWatch.com - MarketPulse
LOS ANGELES (MarketWatch) -- Treasury prices were largely steady Friday after the release of a speech being delivered by Federal Reserve Chairman Ben Bernanke in Jackson Hole, Wyo. Yields on 2-year notes , which move inversely to prices, edged up to 0.25% from 0.24% ahead of the release. Yields across the curve were still down for the session. In his speech, Bernanke called stagnation in the U.S. labor market a grave concern and said he was open to using more quantitative easing as needed to help. Bernanke didn't pre-commit to taking action.
from MarketWatch.com - MarketPulse
LOS ANGELES (MarketWatch) -- Treasury prices were largely steady Friday after the release of a speech being delivered by Federal Reserve Chairman Ben Bernanke in Jackson Hole, Wyo. Yields on 2-year notes , which move inversely to prices, edged up to 0.25% from 0.24% ahead of the release. Yields across the curve were still down for the session. In his speech, Bernanke called stagnation in the U.S. labor market a grave concern and said he was open to using more quantitative easing as needed to help. Bernanke didn't pre-commit to taking action.