Matthew Alexy

The bond market is very excited about this inflation data.

The bond market is very excited about this inflation data.

Obviously, there's quite a lot of concern about what's going on around the world. Greed has been replaced by fear. read more

Obviously, there's quite a lot of concern about what's going on around the world. Greed has been replaced by fear. There's not much rationality in a greed environment and there's not much rationality in a fear environment.

It probably occurred a while ago. I don't think it has had a big impact.

It probably occurred a while ago. I don't think it has had a big impact.

We are seeing the long bond tell us that the Fed's decision was proper from an inflation perspective. Long-term interest read more

We are seeing the long bond tell us that the Fed's decision was proper from an inflation perspective. Long-term interest rates are coming down slightly, moving from 7 percent to about 6.95 percent at the this point in time. So the market isn't worried about inflation. The market thinks the Fed's decision was right.

The immediate reaction was a pretty big move in rates after he suggested that there is a risk overseas troubles read more

The immediate reaction was a pretty big move in rates after he suggested that there is a risk overseas troubles will hit the U.S..