Bond Buyers See No 1994 Rout as Bernanke Clarity Tops Greenspan

Bond Buyers See No 1994 Rout as Bernanke Clarity Tops Greenspan

Brendan Smialowski/Bloomberg

“This Fed, as compared with 1994, is so different in terms of transparency and communication,” said Michael Materasso, a senior money manager and co-chairman of the fixed-income policy committee at Franklin Templeton Investments in New York, which oversees about $394 billion.