Bernanke’s lead foot drives market down

June 20, 2013 at 12:45 PM
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Cars, surfing, what do these analogies actually mean? Ben Bernanke hinted that the Federal Reserve could reduce the central banks bond buying effort and that was enough to get the markets in a tizzy. Traders and investors around the world began to sell as yields on the 10-year went up and the price of gold fell. This, before any action was even taken.