Sun, Apr 20, 2014, 8:24 AM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Johnson & Johnson Message Board

  • buffett_munger buffett_munger Aug 19, 2013 12:28 PM Flag

    German Bundesbank apparently didn't get the memoforward guidance was not an "unconditional commitment" and indicated that the ECB may have t

     

    The European Central Bank even began providing forward guidance stating they would keep rates down for an extended period

    But the German Bundesbank apparently didn't get the memo. This morning, in their monthly statement, the Bundesbank said the forward guidance was not an "unconditional commitment" and indicated that the ECB may have to raise rates "if greater inflation pressures emerge." Huh? What inflation pressures?

    This is one reason why global bond rates have risen. Here in the U.S., 10-year yields this morning hit 2.87 percent, another two-year high.

    Also, over the weekend there was more chatter that Larry Summers has a better chance than he had a few weeks ago to become Fed chairman. Many believe Summers would accelerate the pace of Fed tapering, which is also causing problems for yields this morning.

    Sentiment: Strong Sell

    This topic is deleted.
 
JNJ
98.96+0.21(+0.21%)Apr 17 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
AsiaInfo-Linkage, Inc.
NasdaqGSWed, Jan 15, 2014 4:00 PM EST