John Canavan Quotes

The June trade deficit was larger than expected which would suggest -- barring any other factors -- a small downward revision to second-quarter GDP growth. - John Canavan

The flattening move of the curve has been accelerating. There was some substantial buying of the new 30-year bond and now we're seeing a reversal of that as recent interest has waned. This has caused a quick reversal of the inversion. - John Canavan

The Fed's keeping rates on hold is a continual plus for the front end and the lack of inflation is what's keeping long rates low. - John Canavan

The economic data were mixed, but then we got some pre-weekend short-covering and maybe some minor month-end buying. - John Canavan

The auction went quite well. There was good interest from indirect bidders. - John Canavan

That just adds to everything that's going on Friday, so we're just stuck following oil and stocks until then. - John Canavan

Stocks were also under pressure and that helped out a little. - John Canavan

Over the short term Treasuries yields will head higher and prices lower based on the fact that economic damage from this hurricane is not as great as the worst fears had priced in. - John Canavan

Page 2 of 3

<<-First <-Previous Next -> Last ->>