Fed Prompting `Healthy Purge' of Leverage: Zervos

June 20 (Bloomberg) -- David Zervos, head of global fixed income strategy at Jefferies, examines market reaction to Ben Bernanke's comments on curbing asset purchases and why he believes Bernanke went out of his way to inject volatility into the markets. He speaks on Bloomberg Television's "Market Makers."
China Stock Meltdown Adds Exit-Strategy Conundrum
50:03 - Exit strategies used to be the preoccupation of Pentagon planners. Nowadays, it’s more a province for central bank watchers, since the Federal Reserve gorged on trillions of dollars of mortgage and government debt. Bloomberg's Enda Curran has more on "Trending Business." (Source: Bloomberg)
  • How Long Is the Global Oil Glut Going to Last?
  • Russian Banks Turn to Hong Kong for Cash
  • Kiwi Climbs to Two Week High