Fed Bets Batter US Bond Yields

The one-day drop in two-year yields was the biggest since the Volcker era in the early 1980s and surpassed the period surrounding the Black Monday stock market crash of 1987. The move comes as traders radically rethought their expectations for Federal Reserve monetary policy in the wake of several bank failures and the rollout of a new government backstop facility. MLIV’s Mark Cranfield discusses the market on Bloomberg Television. -------- Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter:   / business   Facebook:   / bloombergbusiness   Instagram:   / bloombergbusiness