William Sullivan Interest Quotations

If the unemployment rate is weak, look for the Fed to cut interest rates by a full 50 basis points (half a percentage point).

January could prove to be a very difficult month for bonds, just as December was. Long-term interest rates rose anywhere from 35 to 40 basis points last month, and we're obviously starting January on a very weak -- if not suspect -- note.

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.

There's no doubt that this rate cut and interest rate decline provides liquidity,

It shows that the upturn in interest rates is indeed beginning to exert an influence on this rate-sensitive sector of the economy.