Mike Ryan
Mike Ryan
bond fully meeting offer outcome statement
The outcome of the meeting is fully priced into bond prices. Only the (Fed) statement may offer intrigue.
associated cases close clusters dealing declaring exposure human nowhere pick potential small strain
What we're dealing with is small clusters of cases associated with exposure to poultry. We have a strain of influenza with the potential to pick up human genes, and we're nowhere close to declaring a pandemic.
awful bond broke corporate finally meeting next people period range setting sights supply target trading
We've been in this trading range between 5.375 and 5.75 (30-year bond yields) for a very long period of time, ... Then we finally broke out of that and the next target people are setting their sights for is 6 percent. We have a refunding this week, we have an awful lot of corporate supply and we also have next week's FOMC meeting approaching.
employment heavy market report supply
The market was overbought surrounding the employment report and the heavy supply is weighing on it.
cyclical easing given lower normally pure yields
So, when we started this easing cycle, yields were already much lower than they normally would have been given just pure cyclical events.
emily free girl goal kick named score
(Akers) didn't really score the first goal. It was a girl named Emily Pickering. She got the first goal on a free kick and put it right in the corner. The Danes were flabbergasted.
brought control looking months poultry six total
We are probably looking at six months to two years before some of these outbreaks can be brought under total control in the poultry population.