Chris Rupkey Quotes

There was very strong demand -- off the charts -- from the indirect bid -- about 65 percent, bigger than the 55.6 percent at the 10-year note auction in November 2005.

- Chris Rupkey

Tags

Strong | Demand | Charts | Indirect | Percent |

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The markets were prepared for Greenspan to end his final meeting with the funds rate at neutral. What they got instead is the statement that rate hikes still 'may be needed.' This was not music to the market's ears. - Chris Rupkey

Unfortunately, I think they tried to fight the inflation dragon a little too long, and rejected the counsel of the markets which urged them to cut rates as early as November that year. - Chris Rupkey

It may come down to 59.5. This reading would not indicate a softer economy. - Chris Rupkey