Jamie Jackson Quotations

People make too much out of whether we're inverted or not. It's as if when we're positive by a couple of basis points, everything is OK, but if we're negative by a basis point, somehow the laws of nature have been violated. The reality of it is the curve is just flat.

I always view a really large foreign participation number as being a dangerous thing. If you're looking at somebody who is maybe not a natural buyer or a long-term buyer, the danger is that if it takes that participation to make them (the deals) just go OK, what happens when they don't show up?

There was enough demand to bring the issues without any incident.

The spread curve is compressed enough -- you're talking about five basis points difference in the overall spread between two-year and seven-, eight or nine-year agencies, and a very flat Treasury curve, there's no reason to extend out for rates or spreads.

She was a great lady, she tried to help as many students as she could. She was always there for me.

We've generally become favorable of shorter-dated (agencies) inside of five years as of December. Spreads widened out, more so in the front of curve.