Kevin Giddis
Kevin Giddis
higher large likes lower portion required results yields
If the 'street' is required to own a large portion of this amount, it likes to have it on their terms, which usually results in higher yields and lower prices.
curve increase march telling
What the curve is telling us is that a March increase is a foregone conclusion.
almost auction interest particular traders
The 30-year will be of particular interest to traders as it will be the first auction in almost 5 years.
auction lunch might
If this auction doesn't go well, you might want to take a long lunch then go home.
fact few funds further group living longer plus requires yield
While this group is still a few years away from retirement, this plus the fact that Americans are living longer requires these funds to go out further on the yield curve.
came cover shorts
Everyone came in to cover their shorts (positions).
accounts attract auction bond large nostalgia quietly
Tomorrow's 30-year bond auction should attract large accounts and nostalgia buffs that have quietly politicked to get the bellwether back.
debt demand
The demand of our debt has come into question.
anyone comments deem focused high indicator market markets reaction remains traders
This indicator isn't very high on most traders 'care index' so the market reaction remains focused on comments by anyone who the markets deem as reliable.
doubt hang help longs might remember seriously tough week
It has been a tough week for the longs and I seriously doubt they will be able to hang on to today's gains, but it might help to remember that.
across bit markets
It is important that he come across in an authoritative way so the markets see him as 'apolitical' and strong. If they sense that he can be maneuvered by Congress, then it could make the markets a bit nervous.
appears bond market suffering
Right now, the bond market appears to be suffering from indigestion.
current markets sync ugly
If it isn't in sync with the markets current leanings, it could get ugly in a hurry.
demand economy fed funds global inflation low rate rates remain strong
The Fed has pledged to keep the economy and inflation in check, which they're doing now, which will keep the fed funds rate going higher. Low inflation and global demand for U.S. Treasuries will remain strong in 2006, which will keep long rates low.