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Fed's Kocherlakota: Uneasy about low long-term yields

FXStreet (Bali) - Narayana Kocherlakota, president of the Federal Reserve Bank of Minneapolis, and a dove voting member for 2015, is answering audience questions after today's speech, noting that he remains uneasy about low long-term yields, a sign rates will be persistently low.

Additional headlines (via Reuters)

Uneasy about low long-term yields, a sign rates will be persistently low

Low long-term rates show there are fewer safe assets for investors

Expects wage growth to remain ‘quite low’ in 2015

Natural unemployment rate about 5 pct, though could be lower given sharp drop

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