Stocks cut a big chunk of their losses and Treasurys turn green as a number of Fed speakers...

|By:, SA News Editor

Stocks cut a big chunk of their losses and Treasurys turn green as a number of Fed speakers downplay talk of any imminent tightening of monetary policy. Such talk from Dudley and Kocherlakota was to have been expected, but the hawkish Richard Fisher warning the "feral hogs" of the market not to mess with the Fed caught traders' attention. The Dow (DIA -0.4%) now off 55 points, and the 10-year Treasury yield - up as high as 2.66% earlier - falls to 2.52%. TLT +0.8%, TBT -1.7%.