William Sullivan may refer to: (wikipedia)
If we do see additional absorption of spare labor market capacity, that could mean more rate hikes through the summer.
There was a big reservoir of foreign interest -- 65.4 percent went to indirect bidders. That is overwhelming and underscores the pressure worldwide for pension managers to better match their unfunded liabilities.
The two-year note auction went far, far better than expected, prompting a wave of short-covering.
I think right now the stock market is very comfortable with the benchmark 30-year-bond trading at between 6.5 and 7 percent. But if we start moving that range up to 7.25 and above, that could really be a major speed bump in the way of the stock market.
It doesn't seem to be news-related, it seems to be more technical.
I'm afraid we're not taking account of how foreign investors view this. That puts U.S. leadership at risk. I wouldn't rule out a sharp fall in the dollar.
The bottom line message is that the labor market activity remains robust, and that's not the environment that would suggest a need for a Fed rate cut.
This is going to keep the Fed on hold.
makes it a little easier to push prices around.
Clearly, we're experiencing an inflation-free setting even though the economy is experiencing rapid growth.
