Bernanke takes on Sheila Bair, disavowing any Fed responsibility for creating a bond bubble and...
Bernanke takes on Sheila Bair, disavowing any Fed responsibility for creating a bond bubble and saying its up to those owning government paper to manage their own risks. There are good reasons for rates to stay low for now, he says, not ready to "declare victory" and let fixed income price on its own.
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