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US markets pay little heed to Yellen's warning
Wall Street is back near record highs and bond yields even lower than before she spoke
Add BT as a preferred sourcePublished Sun, May 10, 2015 · 09:50 PM
Washington
JANET Yellen could be losing patience. And that could mean a lot for global markets.
When the chair of the US Federal Reserve said on Wednesday that stocks were overvalued and bond yields too low, it was a signal that investors should not expect to indulge on the Fed's cheap dollars forever.
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