35 Quotes by Josh Stiles

This is always a difficult number for the market to deal with.

A lot of Friday's action was due to short-covering after the labor report looked weaker than people had expected. But the upcoming supply forces people to question whether they really want to endorse these lower yield levels.

There's concern for how the stock market has done recently. I do think bond traders have their eye on the stock market.

It really comes down to the fact that the Fed is saying demand is excessive, ... Until they see enough cooling (of the economy) there's potential for more rate hikes.

It looks like it may be fairly lacking in volatility for the next few days, (with yields) struggling around six percent, ... But I think that some of the bigger players are going to be selling when the bond dips below 6 percent, because they see down the road that the Fed's going to be tested again and again about the imbalances in the economy which haven't gone away.

Consumer sentiment made an extraordinary month-to-month gain and really sparked the selling. The market has come a long way and short-term speculators are taking some profits.

The new weakness, which is probably related to the hurricane and oil, definitely set in. But this number was a classic dilemma for the market, because the prices paid really rocketed higher.

In a short-term perspective, the market has found a top and needs to consolidate.

If the recovery turns out to be even stronger than the market currently thinks, then we'll see some more selling, but we have some cushion (for recovery) built into prices now.