Gleacher's Certo on FOMC announcement, currency wars, interest rate hikes, and the search for yield

Published: Aug. 12, 2011, 5:34 a.m.

Gleacher managing director and head of rates Russell Certo explains how Fed policy is pushing fixed-income investors into riskier assets in their search for yield while currency wars flare up with other monetary regimes from Switzerland all the way to Japan.