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Date: Saturday, 22. June 2019
Author: 訪客
Review:
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The proximate cause was the meeting of the Federal Reserveand the subsequent statements by Chairman Ben Bernanke. Bernankesaid that if the U.S. economy continues its gradual path towardsstrength and stability, the Fed would consider ending itspurchases of $85 billion of bonds per month. Those statementsaccelerated what had begun a few weeks earlier, namely a sharprise in interest rates, with yields on U.S. 10-year Treasuriesrising above 2.5 percent after they had been hovering around 1.5percent.
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