18 Quotes by Sadakichi Robbins

We're probably raising the endpoint for the Fed's easing target from 1.5 percent to at best 1.75 percent,

The only thing that isn't debatable is that we have a downward trend in yield,

I would say the market has been a bit sanguine about Friday's employment report, the consensus being 125,000, with a number of big shops looking for softer numbers than consensus than in the previous two months.

People are reading a lot into this move that really isn't justified.

The real surprise is that none of the usual indirect bidders turned up. Maybe they were scared away by the jump in direct bidding (Wednesday).

We are still kind of stuck in this 4.67-4.77 percent range and I guess the reversal in oil is what kind of took a chunk out of equities and resumed a modest bid in bonds.

The view that the Fed can take a measured approach is supported by the Greenspan testimony today -- he reiterated that the measured approach is really the right medicine here.

It was an extremely ugly auction. And that's something nobody wants to see, not the Street and certainly not Treasury, given the amount of borrowing they have to do.

The speculative sellers are looking for the big jobs number that will break us out the range (for yields).