Bernanke Boom Signaled by Yield Surge as Market Recalculates

Bernanke Boom Signaled by Yield Surge as Market Recalculates

Andrew Harrer/Bloomberg

Bond yields have advanced from 2.19 percent on June 18, the day before Fed Chairman Ben S. Bernanke said the central bank may start dialing down its unprecedented bond-buying program this year and end it entirely in mid-2014 if the economy finally achieves the sustainable growth the central bank has sought since the recession ended in 2009.