Jun 12: MARY MILLER says markets still abnormal

Mary Miller, head of fixed income at T Rowe Price, a large asset manager in the US with over $380bn of assets under management, says that markets have improved this year but that the markets are still not fully back to normal. The first improvements were in the primary markets, and the improvements in the secondary markets are slower to come, in part because it requires banks to start using their balance sheets again.