We don't know enough about him to know whether there might be a surprise attack so there is some caution. But overall, the 10-year yield has been in a range of 4 58 to 4 12 for weeks and today, we're right in the middle of that range.
More Quotes from Josh Stiles:
It doesn't look like from what we are seeing this morning that the economy is recessionary, and now it's probably going to cast some doubt on how aggressive the Fed is going to want to be from here,Josh Stiles
The market's starting to look further ahead. There seems to be the sentiment that the economy will cool and the Fed (once it hikes interest rates later this month) will be done.
Josh Stiles
The idea that's been gaining currency in the market is the Fed pause theory, meaning that the Fed raises rates 25 basis points in September and then, because inflation pressures are contained, they pause for a while, skipping a move in November and maybe even December. The (producer price index) data this morning kind of fed into that theory.
Josh Stiles
A lot of Friday's action was due to short-covering after the labor report looked weaker than people had expected. But the upcoming supply forces people to question whether they really want to endorse these lower yield levels.
Josh Stiles
This is always a difficult number for the market to deal with.
Josh Stiles
at the bigger monetary picture.
Josh Stiles
Readers Who Like This Quotation Also Like:
Based on Topics: Moderation & Temperance QuotesNine out of 10 war victims die from a gun.
Andrew Niccol
Given the way some fought for the status quo when I authored the new Ethics Code and created the city's first Ethics Commission, we are going to need your strong support to get an even tougher Ethics Code passed this year.
Laura Miller
The world generally speaking is now drifting on a more and more devastating course towards the absurd target of extermination - or rather, to be more exact - of the northern hemisphere's towns, fields, and the people who have developed our civilization.
Alva Myrdal