David Ader Yields Quotations

We're anxious fence-sitters. Yields are back to where we like them -- and we'll like them more if we see more buyers and improved price action.

While the curve has moved to flat as a pancake to a bit inverted and yields open the year near 4.38%, we are not excited about further inversion just yet.

These are ugly numbers for bonds. I have been calling for 10-year yields to move back above 4.6 percent.

The suspiciously absent real money buyers, that were expected to step in and buy as yields backed up, have finally emerged -- supporting our view that we are near a temporary floor.