U.s. Short-Term Interest Rate Futures Add to Losses After Yellen Comments on Coming Rate Rises

Yellen: concerned That fED Has Little Room to Cut if There Is An Adverse Shock to Economy

Yellen: Probably in Coming Months Appropriate to Raise Rates

Yellen: if Growth Continues to Pick Up, and Labor Improves, Appropriate for fED to Gradually and Ncautiously Raise Rates Over Time

Yellen: Weak Growth Looks to be Picking Up