17 Quotes by Bill Hornbarger

The fact that oil is so strong is adding fuel to the fire.

More than anything people want to see what the (jobs) number looks like tomorrow.

Obviously the data today was very supportive of bonds. The unemployment report caught everyone by surprise. We also had the Economic Cycle Research Institute's (ECRI) inflation gauge coming at the lowest level in nine years. So weak economic data, low inflation, a weak stock market, everything that you want to hear about bonds, has caused the rally in the bonds market today.

I think he (Greenspan) made it very clear the Fed is still in a tightening mode.

I think Japanese bond yields are pushing up, and (that is) putting a little pressure on our market also,

Everyone wants to get through the Fed with the affirmation. The consensus in the marketplace is no move out of the Fed and I do think that's been priced into the market.

Oil prices, I think, are something to keep an eye on. So far, they have not influenced the inflation data to the point where we think it should be too troubling to the bond market but if prices go a little higher, if they stay up here. I think it's something we'll have to keep an eye on.

Oil is real strong, and that still comes down on the side of weighing on the economy as opposed to fanning inflation.

The big thing on everybody's mind is oil prices.