Josh Stiles
Josh Stiles
asking buy later people supply week whether
We're getting all this new supply later in the week and people are asking whether they really want to buy it at these levels.
building inflation pressures problem
We still need to keep the inflation pressures from building or there will be a problem in the future.
bond commodity demand domestic labor market plenty strength tight worried
I think the fundamentals are more threatening to the bond market; such as commodity strength, the strength of domestic demand, the strength of demand around the world, and tight labor markets. So, there are plenty of things for the bond market to get worried about.
cooling demand fact fed potential rate saying until
It really comes down to the fact that the Fed is saying demand is excessive, ... Until they see enough cooling (of the economy) there's potential for more rate hikes.
excitement initial people wore
The initial excitement wore off. People were positioned for it,
bring data fears greenspan lay strong
There are fears the data will be strong and Greenspan will lay the groundwork for tightening. In that environment, how do you bring in buyers?