The market was hoping for more of an increase [in oil production]. The price isn't going to go down dramatically anytime soon and that's a negative as far as bonds are concerned. -Mario Derose

 

The market was hoping for more of an increase [in oil production]. The price isn't going to go down dramatically anytime soon and that's a negative as far as bonds are concerned.


Comments

There are not yet any comments on this quote. Why not register / login and be the first?




This quote is just one of 9 total Mario Derose quotes in our collection. Mario Derose is known for saying 'The market was hoping for more of an increase [in oil production]. The price isn't going to go down dramatically anytime soon and that's a negative as far as bonds are concerned.' as well as some of the following quotes.

There's really nothing major out there to worry about. There's a lot of supply, a lot of corporate bonds that are in the pipeline that the market is also looking at.

Mario Derose

I think the market is expecting a slight increase and so if they don't do anything, I think you'll see a sell-off. If it's increased more than expected, you might get a little pick-up -- but it's keeping the market a little on edge.

Mario Derose

There's certainly a higher chance that they will go half a percentage point this time. And a quarter-percentage point is a done deal.

Mario Derose

Whenever you can get a muni-bond at or over 6 percent, that's a very attractive rate.

Mario Derose

There is a lot of uncertainty out there and bonds aren't a bad place to be. We're going to see continuation of the schizophrenic mood out there -- any rumor is going to really spook the market.

Mario Derose