Gerald Lucas
Gerald Lucas
demand fairly good
There will be fairly good demand for the 30-year bond.
hand moving pressure treasury
Pressure from bunds is working its way into the Treasury market. Bunds and Treasuries are moving hand in hand.
defensive invest less million rates risk security single treasury
If I had $100 million to put into a single Treasury coupon security, I would be defensive and invest in two-year notes. Rates are going up, and there's less risk in the two-year.
bit chance door economy fed maybe opened quite strong
He opened the door a little bit to a Fed pause, and to the chance that maybe the economy hasn't been quite as strong as he had been saying.