The coffee's on and the pillow's plumped. Time for Yellen round 2

At the top of the hour, Yellen's up in front of the next batch of do-gooding do-nothings and the US Senate Banking Committee.

The format will be they same, she'll read out the same testimony and then take questions.

She got a fair grilling yesterday and the moderate conclusion from market players was that there's further reductions in expectations for future hikes.

Whether this mob will give her an easier ride remains to be seen but they had her stuttering yesterday at times.

Should you be so inclined, you can watch her live here.

I'll offer some odds too

  • 7/4 that she wears blue
  • 2/5 that she wears purple
  • 1000/1 she turns up dressed as Wonder Woman

Day 2 of Grill the Fed