SAC's Cohen States `Appropriate Action' on Trades

Nov. 28 (Bloomberg) -- Bloomberg's Su Keenan reports that on a conference call that acknowledged the firm receiving a Wells Notice from the SEC, SAC Capital Advisors CEO Steven Cohen stated that he acted appropriately while trading shares of drug makers in 2008. She speaks on Bloomberg Television's "Money Moves."

Searching the Bond Market For Clues on Rates
26:01 - Sovereign bonds surged, sending the Japanese benchmark 10-year yield below zero for the first time, as investors seeking the safest assets gorged on government debt. Treasury yields dropped to a one-year low in the rush to refuge from a worldwide stock rout. Traders pared the odds the Federal Reserve will raise interest rates this year to 30 percent, before Chair Janet Yellen begins her two-day testimony to Congress on Wednesday. BNP Paribas Senior Investment Strategist Daniel Morris. joined “On the Move” host Jonathan Ferro to discuss.
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