In the News: Bloomberg

Merk Senior Economic Adviser William Poole tells Bloomberg that he is "absolutely astonished" by the increase in the 10 year Treasury yield

"…

'I'm absolutely astonished by where the long Treasury rates have gone,' William Poole, former president of the Federal Reserve Bank of St. Louis and senior economic adviser at Merk Investments LLC in Palo Alto, California, said in an interview on Bloomberg Radio. 'I understand the case and the pricing for securities in the one- to three-year range. The further out you go, the greater the uncertainty.'

…"