The two-year auction didn't go well. People are using that as a reason to sell. ... We're in a bear market.
More Quotes from Charles Reinhard:
Although the economy grew briskly, it is not leading to inflation pressure one has to worry about.Charles Reinhard
We saw a lot of strength in the manufacturing sector in the NAPM report. That's why you saw bond yields rise today.
Charles Reinhard
We have some inflation at the pipeline level, rising commodity prices, crude, material prices, things of that nature, but that inflation doesn't always get passed on to the consumer level.
Charles Reinhard
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