We're seeing a tickling of inflation in the pipeline but it's not going to be passed on to the consumer.
The 30-year is an a little bit of a market of its own.
We don't have a lot of information today. I think today is probably a quiet day depending on what the stock market does.
There seems to be a strong consensus that the Fed isn't going to do anything.
It's low volume, so a little selling goes a long way.
It should be a pretty quiet day. We may see a little follow- through due to the strength of the dollar.
That's a pretty strong unemployment number. It's putting a lot more pressure on the (Federal Reserve) to raise interest rates.
Inflation in the pipeline is building. We're probably going to see a strong employment number and that's not going to be helpful.
I don't think there's anything new. It's that the mood in the bond market is horrible.
I don't see in the market any real driving forces. People aren't too excited one way or another.
You've got inflation concerns and you've Greenspan, who is probably going to be hawkish.
The effects of the Fed's tightening are beginning to show up in the economy. We'll see further effects as we go forward.
The dramatic sell-off in equities is really driving the bond market today.
The G7 has historically mentioned concern about a strong yen. That particular issue was not addressed.
The market's extremely skittish. There's concerns about strong economic growth and tomorrow's (jobs) number.
