America Breaking News: Fed's Fisher Says Comfortable With Rise in U.S. Yields

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America Breaking News: Fed's Fisher Says Comfortable With Rise in U.S. Yields

America Breaking News: Fed's Fisher Says Comfortable With Rise in U.S. Yields
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America Breaking News: Fed's Fisher Says Comfortable With Rise in U.S. Yields

by Wochit 0:46 mins

Federal Reserve policymaker Richard Fisher said on Monday he was comfortable with the rise in U.S. Treasury yields following the central bank's signal it planned to slow its support, but cautioned that a big spike would be "destructive". Paula Deen lost another part of her empire on Monday: Smithfield Foods said it was dropping her as a spokeswoman. With some big rulings still left in its waning nine-month term, including two on gay marriage and one on voting rights, the U.S. Supreme Court said on Monday it would convene again on Tuesday to announce more opinions.

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