Thursday, June 14, 2007

Paulson says higher rates a "wake-up call"

(Reuters) - "As I look at the recent rise in interest rates, you can
also look at it as a bit of a wake-up call to call attention to
some of the potential excesses out there," Paulson said in
response to questions after addressing the Council on Foreign
Relations.




Speaking after a spike in Treasury yields to 5-year highs
this week, Paulson acknowledged there has been volatility in
financial markets but said this was not worrying.


Read more at Reuters.com Bonds News

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