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This quote is just one of 9 total Peter Mcteague quotes in our collection. Peter Mcteague is known for saying 'In the end, the Fed's on hold until there's inflation and significant job creation.' as well as some of the following quotes.
The market is making a concession for ongoing strong data.
Nobody feels they have to buy the market at higher prices, at least not yet. Stocks have had a nice recovery, they're up overseas, the dollar is weaker -- so people are saying there's no real reason to buy the bond market.
There's still an argument about where the data is really going to end up, and whether the sugar high of quarter three is going to burn off, and how fast.
This quote is just one of 9 total Peter Mcteague quotes in our collection. Peter Mcteague is known for saying 'In the end, the Fed's on hold until there's inflation and significant job creation.' as well as some of the following quotes.