Yellen: We have not seen an impact on the Treasury market from the ICBC attack

<p>Yesterday's poor 30-year Treasury auction reverberated through the market but later in the day, many people were arguing that it should be ignored because a ransomware attack kept China's largest bank — ICBC — out of bidding.</p><p>Yellen now says there was no impact on the Treasury market from the attack. Could she mean that there's been no direct impact?</p><p>Whatever happened, US 30-year yields are back to where they were before the sale.</p>

This article was written by Adam Button at www.forexlive.com.