Financial Times FT.com

'Dovishness' of the new Fed nominee

By Vladimir Werning

Published: October 28 2005 03:00 | Last updated: October 28 2005 03:00

From Mr Vladimir Werning.

Sir, I have read numerous articles in the FT this week on Ben Bernanke's nomination to the Federal Reserve chairmanship in which the rise in nominal US Treasury yields surrounding the announcement was taken as evidence that markets were judging him as a potentially "dovish" central banker.

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