Fed's Geithner Says Volatility in Bonds May Be Returning to `Normal' Level

(Bloomberg) -- Federal Reserve Bank of New York
President Timothy Geithner said volatility in U.S. Treasuries, at
the highest in almost two years, may be returning to ``normal.''

``It's possible'' the recent jump in fluctuations marks a
return to historical levels, Geithner said in responding to
questions following a speech today in Singapore. ``It's hard to
know what normal is in a world that's changed so much and what
normal will prove to be.''


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