It does not look like they will stop tightening in the near term. Those of us that thought they would stop at 4.75 percent will be looking at 5 percent in May.
More Quotes from Andrew Brenner:
It is only a matter of time before 10-years break 5 percent.Andrew Brenner
There's nothing positive to be said about it. What's happening now is foreigners are looking to buy higher yielding paper, including agency and corporate debt.
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Buy bonds now. The bond market is poised to trade higher.
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Bonds are well bid on the theory that this will slow down the U.S. economy,
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Up until the last employment report I thought for sure they were going to wait until August,
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