Bernanke on Fed's Impact on Housing, MBS Markets
Feb. 27 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke said the central bank’s easing policies are helping to improve demand for housing and cars. Bernanake, speaking before the House Financial Services Committee, also said the Fed's asset purchases haven't disrupted the markets for Treasuries or mortgage-backed securities. (This is an excerpt. Source: Bloomberg)
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How Big of a Problem Are China's Non-Performing Loans?
17:10 - Jonathan Cornish, head of north Asia bank ratings at Fitch Ratings, discusses China's latest debt for equity swap, China's non-performing loans and the outlook for the credit market. He speaks to Bloomberg's Haidi Lun on "Bloomberg Markets." (Source: Bloomberg)