Gerald Lucas Quotes

What they are doing is sending a signal they are no closer to the end of the tightening cycle than they were at the January meeting. We have little doubt that the new Fed is concerned about inflation and, probably more importantly, inflation expectations.

- Gerald Lucas

Tags

Sending | Signal | Closer | Tightening | Cycle |

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For the last two days [Treasury prices] have slowly been grinding higher and that was basically erased this morning in about 15 minutes after the durable goods data. - Gerald Lucas

People are getting defensive, setting up for payrolls. We live from payroll to payroll, and the market fiddles around in between. - Gerald Lucas

Historically, dollar weakness does lead to higher back end rates. - Gerald Lucas