Josh Stiles Bond Quotations

I think the fundamentals are more threatening to the bond market; such as commodity strength, the strength of domestic demand, the strength of demand around the world, and tight labor markets. So, there are plenty of things for the bond market to get worried about.

We don't look at this number and say it's the end of manufacturing strength. Still, it hasn't hurt the bond market.

is going to hurt the bond market more.

The Chicago PMI sent us back to near the lows, though we had seen the bond market handling some heavy selling before then,

There's concern for how the stock market has done recently. I do think bond traders have their eye on the stock market.

It looks like it may be fairly lacking in volatility for the next few days, (with yields) struggling around six percent, ... But I think that some of the bigger players are going to be selling when the bond dips below 6 percent, because they see down the road that the Fed's going to be tested again and again about the imbalances in the economy which haven't gone away.

The market took the report in context -- which is that it is often distorted by aircraft orders. It didn't really ignite the bond bulls that the headline number was down so much.