David Ader

Without the benefit of data or issuance, the impetus to extend those gains is limited.

Without the benefit of data or issuance, the impetus to extend those gains is limited.

It is going to follow what the nominal (Treasury) curve is doing. It's not that great of a surprise.

It is going to follow what the nominal (Treasury) curve is doing. It's not that great of a surprise.

Given this is a swan song for Greenspan, I think it's going to be one more of these global topics. read more

Given this is a swan song for Greenspan, I think it's going to be one more of these global topics. There will be very little if anything that will give us any insight into monetary policy.

This is big news. People sort-of thought it was inevitable, but it's still come sooner than many expected.

This is big news. People sort-of thought it was inevitable, but it's still come sooner than many expected.

We've seen dip buying and think that's a precursor to larger commitment into supply.

We've seen dip buying and think that's a precursor to larger commitment into supply.