The shorter end of the U.S. yield curve is holding a fairly nice firm tone.
More Quotes from Michael Boss:
It's been a long bull run with yields lower, and we're just seeing a few chinks taken out of the bond market's armor.Michael Boss
That's going to be our next hurdle.
Michael Boss
I've heard horror stories about how illiquid the market for mortgage-backed securities is.
Michael Boss
Things are still looking pretty good, and the economy seems to be slowing down, right into the Fed's hands.
Michael Boss
We're still trading on the defensive and seeing more selling. As it appears, this second-quarter slowdown could be a mirage.
Michael Boss
It wasn't on the fly, screaming demand. The overriding factor is what the global economic situation is -- and it is tenuous at best.
Michael Boss
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