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Cary Leahey Quotes
Bond prices rose because the market was excited at the idea that the number of further rate hikes needed would not necessarily be large. The market is thinking that the Fed has two more rate hikes to go.
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Cary Leahey
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On the prices paid index, you're down 50 points from the highs in October, which the bond market clearly likes.
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Cary Leahey
The important thing is not whether the Fed can ease but the fact that people can even ask that question and some intelligent people say if the Fed raises rates in September, it would be a public relations disaster.
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Cary Leahey
I wouldn't make a lot out of those figures.
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Cary Leahey
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