Detailed text transcripts for TV channel - MSNBC - 20111209:10:15:00
Said there was no plan for large-scale purchasing of european government bonds. recent remarks led markets to believe the bank would buy bonds if no one else did. the effects were immediate, both here and abroad. the yield on italy's ten-year bond soared half a percentage point. spain's ten-year yield rose a third of a point. before the closing bell. another blow, germany rejected key measures to add power to the european bailout fund. the dollar and u.s. treasuries rose on a shift to save assets. financials, which have thrived of late, were hit hardest. morgan stanley particularly exposed to ...