St. Louis Fed’s Poole speaks on bond market at Olin School of Business

PooleIn a wide-ranging analysis of bond market fundamentals, St. Louis Fed President William Poole said the focus should be on long-term interest rate basics. “Longer-run fundamentals tend to get lost in a welter of short-run considerations that fade into oblivion quickly as a new set of short-run concerns dominate the news,” he said. Poole spoke to a group of financial analysts at Washington University’s Olin School of Business on”Prospects and Risks in the Bond Market,” Sept. 4.