[Analysts considered the 30-year bond's gains a correction, noting the market's oversold condition.] The long end (longer-dated maturities) had gotten oversold, ... Technical indicators suggested it was due for a turnaround. |
[The report] is a reflection of the strength in our economy. It's good for all involved. We can export strength to reduce strain abroad. |
A quarter point move is already built in to the market. It wouldn't have any impact. |
At the very core of the bond market's weakness is the deep inner concern that the extraordinary confluence of factors that brought about economic conditions deemed 'just right' in recent years might be on the wane, |
Because of the strong global economy, there is a safety net surrounding the U.S. economy -- so if it begins to slow, it won't slow much because there is tremendous support. |
Bonds would sell off some, but ultimately the market will remember what the Fed said, and it will remember the payrolls number. |
Buffett has made timely purchases of STRIPS in the past, so people pay attention |
Corporate bond investors seem relatively optimistic compared to a few months ago. |
Even Clint Eastwood could not have written a better script that would pit the bulls and the bears against each other over the meaning of today's payroll report, ... The winner, however, may not be known for a while longer since the data is sufficiently murky. |
Greenspan opened the door to 50-basis-point rate hikes, |
Greenspan usually refrains from saying anything market moving ahead of speeches before Congress, |
Greenspan's comments underscore the notion that the Fed believes productivity is growing strong enough to allow the economy to grow at a faster pace without inflation, |
Greenspan's confidence in the predictive value of gold (as an inflation indicator) might be high enough that, when combined with other critical predictors . . . could push Greenspan to either hawkish words or action, |
Greenspan's speech puts an exclamation point on the market's notion that the Fed will eventually have to cut rates in response to the rapid deceleration in the economy, |
He signaled that the inversion would not stop the Fed from raising interest rates, which should help to spark a further inversion of the curve. |