Quotes by Alan De Rose

“People are thinking hes going to drive funds higher than is currently priced into the market. Hes going to drive this curve to a pretty deep inversion.”

“The market was at pretty lofty levels and needed good news to stay at those levels and we didnt get it.”

“Were just marking time before the Fed meeting.”

“You got a little bit of buying because of the non-defense capital orders ex-aircraft, but now theres not much going on. There are really no flows.”

“Its a very early indicator of a slowing economy. Historically when the Fed gets into a tightening cycle, they inevitably tighten a bit more than they should, and that slows the economy.”

“The market is anticipating a slowing economy.”

“Its the fear theres going to be a mad rush for the exits in the equity market: thats what generates the interest in Treasuries.”

“Theres a long-duration triple-A asset about to come to market, and there are a lot of folks domestically and internationally who need long-duration triple-A assets.”

“The whole refunding should go reasonably well. Yields are still 15 to 17 basis points higher than they were two weeks ago, so thats part of the (price) concession.”

“The whole refunding should go reasonably well. Yields are (about 20 basis points) higher than they were two weeks ago, so thats part of the (price) concession.”