Christopher Low Quotes (17 Quotes)

You can see this clear, ongoing deterioration. And what's scary about this is it's still accelerating,

He thinks the Fed is right to remain focused on the risk of falling inflation.

So far, the refunding has been a mixed bag. The three-year saw little foreign interest and had a low bid-to-cover, but the 10-year went a little better yesterday.

It's an ugly number -- you have a decline in March, you have a downward revision to the prior month,

We're talking about an entire huge city and several smaller surrounding cities that will be empty for some time. It looks like we are going to have sustained prices for at least some weeks and maybe even months, and if that happens, I think that will have a pretty severe impact on the economy.

It is going to make economists slightly revise down first-quarter GDP, which they already did with the weaker consumer spending number.

They tighten again in May and then they wait and watch.

One reason the 10-year note yield has risen so much this week is that investors are worried that the end of the carry trade -- a trade that involves borrowing at very low rates in Japan and investing at higher rates abroad -- will end any day now.

We had thought that transparency meant efficiency in the market... and that's not what happened. The meaning of the bias within the Fed was not well understood.

Housing is as strong as ever, and the mortgage business is as good as ever.

The decline helps affirm cooling in the housing sector and is consistent with other broad-based data we have seen.

The yield curve is a really powerful indicator. It always has been. The shape of the curve still matters.

There is no sign of an immediate pass through of energy to core prices, but consumers spent with abandon considering their lack of confidence in the continued health of the economy. That is likely to bolster the Fed's fear of future inflation and reinvigorate their will to raise rates.

Today, the first auction of 30-year Treasury bonds in (almost) five years is expected to go well.

Like everyone else, we expect a quarter-point hike in fed funds today to 4.75 percent -- we also expect the statement to be softened.

Home sales have remained surprisingly strong despite higher interest rates.

Economists were expecting that the Fed would either remove the warning about asymmetric risks toward inflation or judgment that further tightening might be necessary. Of course, the Fed did neither.