Это почти смешно
Feb. 26th, 2008 10:45 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
birdwatcherBloomberg -- When Bernanke faces Congress tomorrow and Feb. 28, he will be questioned about why long-term bond yields are moving in the opposite direction to the Fed funds rate.
Three years ago, when former Fed Chairman Alan Greenspan testified in Congress, he faced a situation that was the complete opposite of what confronts Bernanke: long-term yields were declining as the Fed's benchmark interest rate was rising.
``The broadly unanticipated behavior of world bond markets remains a conundrum,'' Greenspan said in his Feb. 16, 2005, testimony to Congress.
Three years ago, when former Fed Chairman Alan Greenspan testified in Congress, he faced a situation that was the complete opposite of what confronts Bernanke: long-term yields were declining as the Fed's benchmark interest rate was rising.
``The broadly unanticipated behavior of world bond markets remains a conundrum,'' Greenspan said in his Feb. 16, 2005, testimony to Congress.
