David Ader
David Ader
anyone apparently failed hardly impressed momentum percent print rather seem
Does anyone seem impressed that tens got to 4.99 percent and failed to print a 5 percent handle? Apparently not. There was hardly a momentum rejection, rather a yawn.
ahead billion continue corporate estimates factor major next treasury weeks
Corporate issuance will continue to be a major factor (in the Treasury market) in the weeks ahead with estimates ranging from $40 billion to $60 billion over the next month.
above calling move numbers ugly yields
These are ugly numbers for bonds. I have been calling for 10-year yields to move back above 4.6 percent.
market stopped
It's not that the market is bullish, it's that it stopped being bearish.
news people sooner
This is big news. People sort-of thought it was inevitable, but it's still come sooner than many expected.
cracked gets january legacy market strong supply week weight
The legacy of this week will be of a market that's cracked even before it gets the weight of supply and anticipated strong January data.
bid cite decline downward market revision supportive
The market was bid before this report, but we do cite the decline and downward revision as more supportive data.
champagne employment events fed few focus full official remaining return turned week
The market's saunter into 2006 continues, with just a few remaining events before the champagne and confetti. We have turned our focus to the first week of '06 -- in which we will see official Fed commentary, the employment report, and the market's return to full force.