What To Expect From Bernanke

Markets have decided Bernanke's testimony will sound a dovish note, but it is higly likely that raising Bond yields at a time of massive buying by the Fed will be strongly debated. Bernanke will try to avoid questions on tapering but that will press him on economic outlook. It is possible that markets will revert to an early tapering scenario, with dolllar streghtening and equity markets again volatile.

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