29 Quotes by John Canavan

If yields are rising over there, they provide a better investing opportunity.

(Jobless) claims nobody is going to care about, housing completions nobody is going to care about, chain store sales people might eye a little bit,

It gets the refunding off on the right foot, but it's still difficult to draw conclusions about how well the five- and 10-year note auctions will do based on the three-year auction.

Over the short term Treasuries yields will head higher and prices lower based on the fact that economic damage from this hurricane is not as great as the worst fears had priced in.

The announcement today is just a small part of what's going on. We have been seeing a good and steady supply of issuance, and that's going to spook people a little bit from a supply perspective.

You have seen a pretty significant rise in open interest in the Treasury futures market since the middle of last month as prices have declined, suggesting a pretty substantial short base out there, so we've held our footing so far this week.

We're looking at a Fed that's going to tighten in March. There's a clear suggestion we're going to see further declines in the two-year note going forward even if it's not in the next week or so.

Yes, the market developed a fear that employment would be stronger than it turned out to be, but it was still a pretty solid number, above economists' consensus forecast, so in general you're looking at recent economic numbers that have bond traders a little bit concerned.

What really drove the two-year to the high yield of the day was the two-year note auction, and the Beige Book didn't do anything to help.