8 Quotes by Jeff Palma
- Author Jeff Palma
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Most people think the Fed is on hold so the rest of this month's data is not quite as important.
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- Author Jeff Palma
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The data gives investors hope the Fed won't have to stay aggressive too long.
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- Author Jeff Palma
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A little sell-off today should not be surprising in front of such an important report.
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A lot of today's trade is based off the stock market.
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There's a lot of focus in the bond market on oil. It's been such a hot story because of people's fears of higher inflation.
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The Fed is remaining vigilant against inflation, which helps 10-year notes and 30-year bonds. But two-year notes still have to deal with the likelihood of higher interest rates this year.
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- Author Jeff Palma
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The headline number came in a lot weaker than expected, but when you comb through all the revisions, you come down in line with expectations. The momentum in February is clearly weaker.
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- Author Jeff Palma
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The market has sold off so much recently that a little consolidation in light of the coupon pass isn't necessarily surprising.
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