Fomc Quotes

We`ve been in this trading range between 5.375 and 5.75 (30-year bond yields) for a very long period of time. Then we finally broke out of that and the next target people are setting their sights for is 6 percent. We have a refunding this week, we have an awful lot of corporate supply and we also have next week`s FOMC meeting approaching.

We won`t see big moves today in anticipation of the FOMC statement. The risk is out there that the Fed could be a bit more hawkish... We still expect the Fed to continue its measured interest rate hikes until the end of the year,

Ford postponing the event would be their judgment that market conditions are becoming disorderly. (Ford is) betting that conditions will improve once upcoming uncertainties are out of the way, one of which is the FOMC meeting.