After Greenspan, not only do I think they're going to raise rates in June, now I tend to think they are going to go 50 [basis points]. |
Big selling is hitting the bond market. |
Bonds are well bid on the theory that this will slow down the U.S. economy, |
Buy bonds now. The bond market is poised to trade higher. |
I find it difficult to believe the Fed will not continue to view strength in the U.S. economy and continue to tighten. |
Is this the beginning of the end? Multiple Fed speakers...talking about the Fed being done or close to done. |
It does not look like they will stop tightening in the near term. Those of us that thought they would stop at 4.75 percent will be looking at 5 percent in May. |
It is only a matter of time before 10-years break 5 percent. |
No one wants to go home short bonds as fears of terrorism have been renewed this week. |
Not a good-looking two-year auction. |
People are nervous. You could get some really violent moves tomorrow. |
People are very scared of the employment number tomorrow. |
Ten-year notes should trade above 5 percent this week. |
The bond market is collapsing. What goes up must come down. |
The rate rise in the ECB has been pressuring the bond market -- all of the European bond market is down at this point -- and that is starting to push its way into our bond market. |