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>> UBS AG Latest News

JUL 17, 2013 - Zero Hedge

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Where Markets Stand Ahead Of Bernanke

Bernanke today testifies on monetary policy before the House Financial Services Committee (formerly the Humphrey-Hawkins). The testimony will be released at 8:30 am NY with Q&A after his testimony. Tomorrow he testifies before the Senate Banking Committee but the prepared remarks are the same for both days. Indeed it’s likely that the Q&A will be where all the fun starts. As DB says, he will likely try to pull off the trick of continuing to prepare the groundwork for tapering but try to give bond markets something to help them fight off the pressure of higher yields. With no ... Read More

Tags: Where Markets Stand Ahead Of Bernanke,  Ubs Ag Latest News