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Treasuries Plunge on Fed Tapering Talk: Treasuries saw sizable losses as the one-two punch of Fed Chairman Ben Bernanke’s testimony in front of the Joint Economic Committee and the minutes from the May 1 FOMC meeting fanned fears the Fed may soon begin to taper its QE...
The major stock market averages closed modestly higher on Tuesday, underpinned by dovish remarks from St. Louis Fed President Bullard and New York Fed President Dudley, both of whom are voting FOMC members. In brief, both men offered perspectives that suggested...
 
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