Jim Vogel
Jim Vogel
basic both domestic global growth overwhelm rate supply treasury
While the Treasury supply is a big growth number, it doesn't overwhelm basic rate fundamentals and what's going on in both the domestic and global economy.
billion choose crowded glut size sovereigns thwarted within
The $3 billion size should keep it comfortably within an already crowded 5-year sector. Speculation that Fannie would choose a 3-year may have been thwarted by the glut of 3-year sovereigns this week.
accounting errors list major positive though
It's a mildly positive report, even though a long list of major accounting errors is never good.
direct market potential regardless squeeze whether
I think the potential to squeeze the market is very, very real, regardless of whether it comes from direct bidding or elsewhere.
gently surprised
You?d be surprised what kind of marketplace there is for gently used equipment.