While you were sleeping: Stocks, bonds drop

Tue, 09 Sep 2014

By Margreet Dietz Sept. 10 (BusinessDesk) - Wall Street and US Treasuries fell amid concern the US Federal Reserve might raise interest rates sooner than anticipated. Fed policy makers are set to begin their next two-day meeting on September 16 amid consistent evidence of the accelerating pace of growth in the world’s largest economy. “Evidence based on surveys, market expectations, and model estimates show that the public seems to expect a more accommodative policy than Federal Open Market Committee participants,” Jens Christensen, a...

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