Markets & Economy

Fed is closer to a rate hike than many assume

Yellen whispers 'Bang' but doesn't shoot
Published on Aug 22, 2014

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by CareyBot

The world is a better-looking place than one week ago, and Federal Reserve Chair Janet Yellen whispered “Bang” today but did not shoot. Thus the great barometer, the 10-year U.S. Treasury note, rose a bit in yield, from 2.33 percent ...

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