Bond Market Exodus; China's End to Easy Money; Hiring the Enemy

Receiving Wide Coverage ...

Hawks, Doves, Hogs, Turkeys: It hardly compares to 2008, but liquidity in the bond market is drying up fast as investors prepare for a world without stimulus. With recent economic trends punctuated by Federal Reserve Chairman Ben Bernanke's comments last Wednesday about the timetable for slowing the Fed's bond purchases, investors have pulled near-record amounts of cash from the bond markets in recent weeks, the Journal reports. Meanwhile, Dallas Fed President Richard...