John Canavan Quotes

Yes, the market developed a fear that employment would be stronger than it turned out to be, but it was still a pretty solid number, above economists' consensus forecast, so in general you're looking at recent economic numbers that have bond traders a little bit concerned.

- John Canavan

Tags

Market | Developed | Fear | Employment | Stronger |

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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 sell-off has been sharp but not extreme. It did push the bond above 5 percent and that is going to be the psychological story taken away from all of this. - 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