Thu, 18 Jul 2013 10:16:21 GMT
Bernanke stresses that economy will have to make expectations
The Fed's Chairman Bernanke stated that the beginning of monetary stimulus tapering will be highly influenced by economic data. He said that the FOMC will respond to the data, meaning that if the economy will struggle they could remain the stimulus measures accommodative. The Treasury 10-year yield dropped 0.04% to 2.49% at 5 p.m. New York time.