It makes sense to sell 30-year bonds now. This is an attractive opportunity to extend maturities. |
It was a very important lesson for investors to learn. For those investors who have considerable exposure to equities, it's not a bad idea to have some holdings in U.S. Treasury bonds to serve as a type of buffer, a type of insurance policy in the event stocks do drop sharply in price. |
It would help to put in a bottom if we had a clearer idea of what may happen in Iraq, |
It's an attractive story, ... Here you have an investment grade company selling a 30-year treasury at a nice premium. |
It's possible that if businesses feel more confident about the future, given that the Dow has broken above 11,000, they might be more inclined to step up capital spending, undertake more in terms of product development, including R&D, all of which would add to employment. |
Largely because of the hunkering down related to this Iraq uncertainty, |
Let us not forget that the most powerful individual guiding economic policy both globally and nationally has not been Bill Clinton, it has not been Bob Rubin, but instead it's Alan Greenspan. |
My sense is that after a lull, investors are more than willing to absorb new bond issues, be they from U.S. corporations or from the U.S. Treasury. |
No quick recovery. It's going to be a struggle for the U.S. economy to get back up to its trend rate of growth. |
Nobody really knows what the future holds for this particular security because of the different messages we're getting from the Treasury. |
One would have argued that the reduction in supply would have made the bidding stronger. |
Right now the market is in a bearish mood, ... Sometimes it's good to be reminded that the market is not always rational. |
Right now the market is in a bearish mood. Sometimes it's good to be reminded that the market is not always rational. |
Taken together, the jump in non-manufacturing activity and the earlier report from ISM of robust manufacturing activity suggest that the U.S. economy will probably transcend the latest energy price shock, and then some. |
That may give the economy a chance to shift into higher gear. |