The (bond) market has a better tone to it.
The front end of the market obviously offers safety and relative certainty that yields are going lower.
With the market having failed to penetrate 3.65 percent, there is room for a backup into the 3.80's, perhaps as far as 3.90.
We're looking at some pretty strong numbers.
You have an economy that is mending itself with absolutely no inflation pressures.
The statement following the meeting will be carefully scrutinized for any sign of future plans.
Further flattening in the curve is likely ahead of two-year supply next week.
The (job) numbers were very good for the market. They reduce the probability that the Fed will tighten aggressively.
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