78 Quotes by Tony Crescenzi

Treasury yields look headed to 5 percent by the May 10 (Federal Open Market Committee) meeting and possibly 5.25 percent by the June 29th.

The pending home sales data feed right into the hands of those who expect the Fed to end its interest-rate hikes.

The pattern of the equity market lately is that it doesn't retain its bid for long. Bonds started to strengthen on a bet that stocks would weaken. It's rare that stocks hold a bid these days.

The question is -- and this is why the market hasn't reacted too negatively to the durable goods report -- is whether businesses ... will continue to spend given the risks to consumer spending posed by high energy prices.

When there is a weak auction, it sometimes means investors will step aside and wait for deals in the secondary market,

We've come a long way, ... There's almost no expectations of further rate hikes for the rest of the year.

While the results of the September jobs report are impressive and seem to suggest that the underlying strength in labor demand has been unaffected by recent events, the strength could well reflect the lagged effects of past strength in the economy and the data therefore provide much less guidance about the future than might seem obvious.

With increasing vigor, the lagged effects of the Fed's interest rate cuts should begin to appear before the end of the summer,

Today's speech...is notable more for Greenspan's change in delivery than change in material,