Richard Gilhooly Market Quotations

The front end of the market obviously offers safety and relative certainty that yields are going lower.

With the market having failed to penetrate 3.65 percent, there is room for a backup into the 3.80's, perhaps as far as 3.90.

The (bond) market has a better tone to it.

The bond market got very oversold. To expect a technical bounce is reasonable.

The market will be looking for him to confirm what was priced in last week: that the Fed will stop a little earlier than we had thought.