11 Quotes by Jeoff Hall

The market is readying itself for a 50-basis-point rate increase. Shorter-term issues are reflecting that, while longer-dated bonds are gaining on expectations that next week's refunding announcement will be positive.

The market is looking for 50 basis points and they have it priced in. Either the market has it wrong or the academics have it wrong, but either way next week's economic numbers will be crucial.