Gerald Lucas
Gerald Lucas
auctions bad depends news whether
Whether that's bad news for the upcoming auctions depends on whether you take a cup-half-empty or cup-half-full perspective.
market payroll people setting
People are getting defensive, setting up for payrolls. We live from payroll to payroll, and the market fiddles around in between.
dollar higher lead weakness
Historically, dollar weakness does lead to higher back end rates.
market pushing
There is some rate-locking going on, and that's pushing the market lower.
coming data justifies strong
We're approaching oversold conditions, but then we've been getting data that has been coming in strong and which in one way justifies this.
again estimate last moved process revising week
We are probably in the process of revising our first-quarter GDP estimate up again after we moved it up last week to 4.7 percent,
concerned corporate credit fears happening inflation people
There are some fears about inflation but people are even more concerned about what's happening in the corporate credit market.