Philippines' Purisima on S&P Rating, Economy
May 3 (Bloomberg) -- Philippine Finance Secretary Cesar Purisima talks about the nation's investment grade rating by Standard & Poor's, and the outlook for the domestic economy. The Philippines beat Indonesia to win an investment grade from S&P’s, as President Benigno Aquino outshines Susilo Bambang Yudhoyono in improving government finances and spurring growth. Purisima speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)
Most Recent Videos
Is the Bond Market Calling the Fed's Rate Bluff?
30:52 - Bond traders are calling the Fed's bluff. For weeks now, everyone from Janet Yellen to Fed newcomer Patrick Harker has been trying to jawbone investors into believing an interest-rate increase in March is on the table. That the meeting is “live.” Yet try as they might, the bond market seems unconvinced there’s much behind the tough talk. Bloomberg's Brian Chappatta has more on "Bloomberg Markets." (Source: Bloomberg)