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Letter "T" » Tony Crescenzi Quotes
«It's an excuse to consolidate recent losses, although it seems highly implausible that federal officials would want to signal their plans, through any channel.»
«It was an excuse to consolidate recent losses.»
«The Fed certainly recognizes the importance that the markets are placing on the housing market and could well use it as a means of sending strong signals.»
«Treasury yields look headed to 5 percent by the May 10 (Federal Open Market Committee) meeting and possibly 5.25 percent by the June 29th.»
«The easy money in this trade is coming to an end. But there will still be opportunities.»
«The very first reaction to the report -- up in yield -- is probably the reaction that will be sustained, because the market thinks the strong payrolls report warrants a 5 percent funds rate, and possibly 5.25 percent.»
«The market was looking for confirmation that there might be a broad slowing of the economy under way, but the data did not reinforce that view.»
«Because of the strong global economy, there is a safety net surrounding the U.S. economy -- so if it begins to slow, it won't slow much because there is tremendous support.»
«This just is a reflection of the current environment with oil prices rising, security concerns. All of these factors are pushing players to buy bonds over stocks.»
«The Fed has drawn a line in the sand, so there won't be a significant rally from here.»

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