Bernanke: Market Rates Rose on Unwinding of Risk

July 18 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke says one reason for the recent rise in long-term interest rates is the unwinding of leveraged and "excessively risky" investing. The climb in market interest rates could also be attributed to improved economic data and misinterpretations of the Fed’s plans, Bernanke said in response to a question from Senator Tim Johnson, a South Dakota Democrat, during his testimony before the Senate Banking Committee. (This is an excerpt. Source: Bloomberg)

NBAD's Yasin Sees GCC Markets Going Sideways
11:13 - NBAD Securities Managing Director Mohammed Ali Yasin discusses the deals signed between the U.S. and Saudi Arabia and talks about his investment strategies. He speaks on "Bloomberg Markets: Middle East." (Source: Bloomberg)
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