Yellen: Asset Values Aren’t Out of Line With Norms

July 16 (Bloomberg) -- Federal Reserve Chair Janet Yellen says asset valuations in general aren’t out of line with historical norms. She speaks in response to questions at a House Financial Services Committee hearing in Washington. (This is an excerpt. Source: Bloomberg)
Libor Manipulation Trial Begins for Thomas Hayes
01:06 - Former trader Thomas Hayes becomes the first person to stand trial for the alleged manipulation of Libor rates, as prosecutors state their case in a London court. Bloomberg’s Ryan Chilcote reports on the first day of the trial on “Bloomberg Surveillance.” (Source: Bloomberg)
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