There are fears the data will be strong and Greenspan will lay the groundwork for tightening. In that environment, how do you bring in buyers?

292

We should still have a pretty good quarter for consumer spending. January retail sales, excluding autos, were very strong.

276

If the recovery turns out to be even stronger than the market currently thinks, then we'll see some more selling, but we have some cushion (for recovery) built into prices now.

241

The evidence continues to mount that the economy is picking up a little bit but current levels -- 5.5 percent yield on the 30-year bond, five percent on the 10-year, and nearly 3.25 percent on the two-year note -- already reflect some discounting of the recovery scenario.

231

The market's starting to look further ahead. There seems to be the sentiment that the economy will cool and the Fed (once it hikes interest rates later this month) will be done.

197

The idea that's been gaining currency in the market is the Fed pause theory, meaning that the Fed raises rates 25 basis points in September and then, because inflation pressures are contained, they pause for a while, skipping a move in November and maybe even December. The (producer price index) data this morning kind of fed into that theory.

155

[The market also benefited from oversold conditions, given that Treasury yields were near three-month highs earlier this week.] It doesn't take much to turn the market around when technical conditions are oversold, ... That in itself is going to attract buyers.

132

It really comes down to the fact that the Fed is saying demand is excessive, ... Until they see enough cooling (of the economy) there's potential for more rate hikes.

131

The bottom line is, agencies will maintain their highest credit rating. Agencies are looking like pretty good value.

77