FTN Financial's Jim Vogel said there was....>

US TSYS: FTN Financial's Jim Vogel said there was "no policy discussion" from

ECB Draghi in his Friday afternoon remarks, but "he is coming out forcefully

against global protectionism. His early comments about EU economic progress,

although slower than the US, have spurred the euro to 2-year highs. They have

not, however, impacted US interest rates with the exception of modest profit

taking. It has reversed a small portion of the buying that followed Yellen's

non-policy speech this morning."

- Vogel said, "Is it inappropriate to note the EU is punishing its departing

member," the UK, "with trade protectionism?