Via SocGen, here is how stocks, bonds, and three major currency pairs have traded on the days that Federal Reserve chairman Ben Bernanke has delivered his semi-annual testimony to Congress, going back to 2007: The results are a bit mixed. SocGen's head of rates research, Philippe Meyer, does have a few things to point out, however: Despite the low probability of a Bernanke bombshell tomorrow, it is still worth taking a look at how markets have responded in the past to what is still a seminal event to most currency and bond market veterans. The surprise factor may have diminished somewhat over the last few years owing ... (full story)