Bill Davison
Bill Davison
'Wild' Bill Davisonwas a fiery jazz cornet player who emerged in the 1920s, but did not achieve recognition until the 1940s. He is best remembered for his association with the bandleader Eddie Condon, with whom he worked and recorded from the mid-1940s through to the 1960s...
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The bond market has been focused on looking for nuggets of weakness. But the payroll number could tip things the other way. Another strong number could start to change people's minds.
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The economy is showing more strength and the bond market is starting to wake up to that fact.
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Measured could go away, ... Greenspan wants the yield on the 10-year Treasury to go up because usually, long rates are not this low until late in a tightening cycle. The bond market may be underestimating how much more tightening needs to be done.