You thought the taper tantrum was bad? Wait till Fed lifts rates
April 23, 2015 by Simon Kennedy
(Bloomberg) — No amount of reassuring rhetoric by Janet Yellen and her colleagues at the Federal Reserve can prevent markets’ overreaction when benchmark interest rates start heading higher.
That’s the conclusion of Deutsche Bank AG economists Joseph LaVorgna and Brett Ryan after studying turns in Fed policy in the past two decades.
Take 1994, the annus horribilis for bond traders. Click HERE to read…
Originally Posted at LifeHealthPro on April 22, 2015 by Simon Kennedy.
Categories: Industry Articles