David Ader

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.

While the curve has moved to flat as a pancake to a bit inverted and yields open the year near read more

While the curve has moved to flat as a pancake to a bit inverted and yields open the year near 4.38%, we are not excited about further inversion just yet.

We deem this action representative of a market that has lost the flurry of last week's panic buying and instead read more

We deem this action representative of a market that has lost the flurry of last week's panic buying and instead is rethinking its view as to the near-term motivation of the Fed and the impact of Katrina.

We cannot take solace from these figures as the upward revision to the core PCE deflator takes the year-on-year rate read more

We cannot take solace from these figures as the upward revision to the core PCE deflator takes the year-on-year rate to 1.9 percent, up against the Fed's outer boundary.

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.