Andrew Brenner Quotes (17 Quotes)

Not a good-looking two-year auction.

There's nothing positive to be said about it. What's happening now is foreigners are looking to buy higher yielding paper, including agency and corporate debt.

It is only a matter of time before 10-years break 5 percent.

The three-year was a great auction...but it just doesn't matter that much to the market. The next key piece of information really is how the Fed phrases the statement (on the U.S. economy, which it habitually makes after policy meetings).

We definitely felt like we had something to prove after we lost down at Bandon. We came out really weak there and they just jumped all over us. But we knew we had to come out with a fast start, and that's exactly what we did.

Those that thought the central-bank buying would not be there for the auction have been proven wrong.

It does not look like they will stop tightening in the near term. Those of us that thought they would stop at 4.75 percent will be looking at 5 percent in May.

Bonds are well bid on the theory that this will slow down the U.S. economy,

We all know the housing market is slowing, and people are blowing this housing data off a bit.

When you play this badly in a big tournament, you don't want to do it again. All we can do now is try harder to improve at district.

Up until the last employment report I thought for sure they were going to wait until August,

We have been hearing various rumors today about bad positions. The last one deals with a convertible (debt) desk at a major primary dealer imploding. This continues to be a catalyst for the buying of Treasuries.

Ten-year notes should trade above 5 percent this week.

No one wants to go home short bonds as fears of terrorism have been renewed this week.

Buy bonds now. The bond market is poised to trade higher.

People are very scared of the employment number tomorrow.

People are nervous. You could get some really violent moves tomorrow.