(Jobless) claims nobody is going to care about, housing completions nobody is going to care about, chain store sales people might eye a little bit,
More Quotes from John Canavan:
Yes, the market developed a fear that employment would be stronger than it turned out to be, but it was still a pretty solid number, above economists' consensus forecast, so in general you're looking at recent economic numbers that have bond traders a little bit concerned.John Canavan
What really drove the two-year to the high yield of the day was the two-year note auction, and the Beige Book didn't do anything to help.
John Canavan
Although the overall number on GDP was very strong, it does appear that consumer spending is slowing a bit,
John Canavan
The auction went quite well. There was good interest from indirect bidders,
John Canavan
The announcement today is just a small part of what's going on. We have been seeing a good and steady supply of issuance, and that's going to spook people a little bit from a supply perspective.
John Canavan
It gets the refunding off on the right foot, but it's still difficult to draw conclusions about how well the five- and 10-year note auctions will do based on the three-year auction.
John Canavan
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Based on Keywords: completionsI write a lot of songs people don't hear. I really just enjoy the process. I finish 'em all. I don't think there's a whole lot of difference between the bad ones and the good ones.
Bob Seger
I am closer to a European viewpoint of the world than an American one. My ethics and ideals are based on European concepts.
Bianca Jagger
Fortune favors the audacious.
Desiderius Erasmus