It's negative for the bond market because you have a stronger (economic) growth rate.
More Quotes from Carey Leahey:
On the jobless claims, you're now moving into a range that suggests a recession. I don't even know if many of the airline layoffs have hit this number yet, so it's going to up big time.Carey Leahey
It seems to me that he's keeping the door open for rate cuts. It's a little more negative on the economy than I expected.
Carey Leahey
After that, there's not much positive about the outlook. There are no job gains, and wages aren't rising at the moment.
Carey Leahey
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The spark divine dwells in thee: let it grow.
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He piled upon the whale's white hump the sum of all the general rage and hate felt by his whole race from Adam down; and then, as if his chest had been a mortar, he burst his hot heart's shell upon it.
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