Ted Ake
Ted Ake
content customers slow
Most real-money customers are content to be slow to buy. They don't feel like the market's going to get away from them on the upside.
decent library yesterday
Yesterday it sounded like a library here. We did decent business, but it was spotty. You'd do a chunky trade, and then nothing for two hours.
aggressive bit continuing data fed trying
We were a little bit aggressive too early, trying to say the Fed is done. Now the data is continuing to show some strength.
bouncing finding gone market next strongly support weeks
This is nothing more than a market that's gone down strongly for two weeks finding some support and bouncing off that. Next week is a new week and I don't think you can glean much from any one day.
couple dollar fall free gone last market weeks
In the last couple of weeks the dollar has gone into free fall and our market doesn't like it.
overly ton
I don't want to get overly bearish. But we're getting a ton of supply, and not just Treasuries.