Thomas Stoecker
Thomas Stoecker
bet less overall paid volatility
There has been less volatility overall on these numbers, and making the big bet has not really paid off.
auction considered indirect last less poor
It is considered a poor auction with indirect bidders less than last month's two-year note.
bounce holding
We did bounce off the 4.90-level. Technically things are holding up.
create familiar markets ordinary terrorism
Markets are familiar with terrorism now. There has to be something out of the ordinary to create concern.