Gemma Wright
Gemma Wright
bid buyers exchange foreign friday market money risk
What you have to look at is what has been occurring in the foreign exchange markets. They (Bank of Japan) were rumored to be significant buyers on Friday and Monday, the (Treasury) market was bid up on Friday and Monday, so there's a very big risk that they've already put that money to work.
bias economic fed likely manage market pace recovery shift trying
We think the Fed is trying to manage market expectations on the pace of economic recovery and on when the Fed is likely to shift its (monetary policy) bias to neutral.
average continues fairly good indicate investor last note overseas percent rate robust three
It's a fairly robust auction. The 46-odd percent is significantly more robust than average participation rate for last three three-year note auctions. Clearly, this continues to indicate there is fairly good overseas investor participation.
bond fed outlook soft
longer-term outlook for the Fed and should keep the long bond on the soft side.
bar federal interest lower reserve
The Federal Reserve has lowered the bar on what it would take for them to lower interest rates,
expected move widely
The (Fed's) move was widely expected in the market.
bit looks market selling
The market looks like it's stabilizing after selling off a little bit just after the sale.