But some people will be keying on his comments to see whether he tries to build more of a consensus on inflation targeting. |
It's not surprising to see a short-covering today given we'll be tied to technical flows amid a fairly light calendar. |
Some people are worried, given the recent price action and the stellar out-performance of the 30-year sector, that they are missing something and are rushing to get involved now. |
We are seeing some front-running. |