Fed's Yellen Brings Dovish Message to Capitol Hill

The transcript covers Fed Chair Yellen's testimony before the House Financial Services Committee, focusing on the UK referendum and economic uncertainty. Bloomberg's Suzanne Walker analyzes Yellen's dovish message, highlighting concerns about employment, productivity, and investment. The bond market's reaction is discussed, noting that it had already anticipated Yellen's stance.

What implications did Yellen's comments have for future rate hikes?

What was the bond market's reaction to Yellen's statements?