Sorry!! The article you are trying to read is not available now.
HOT TAGS:  

Among Fed Heads, Bernanke's Mouth Matters Most

Print comment Post Comments
FED HEADS
DailyFeed
According to Macroeconomic Advisers, Federal Reserve Chairman Ben Bernanke's words had the most impact on Treasury yields in 2010, earning the firm's "I Moved Markets Award" and its "Power Player of the Year for 2010" award.

Overall, the firm found that FOMC speeches and interviews last year created a 40 basis point drop in the yield on the Two-Year Treasury. Bernanke's testimony, speeches and interviews moved Treasury yields 50 basis points last year.

Meanwhile, Fed Vice Chair Janet Yellen received the "Market Neutrality Award," from the firm, because her words were just as likely to cause yields to rise as to fall.

POSITION:  No positions in stocks mentioned.

TICKERS