Bill Davison Quotes (6 Quotes)

The correction somewhat mutes inflation concerns. The market is looking in one direction today and that's for slower growth.

Measured could go away, ... Greenspan wants the yield on the 10-year Treasury to go up because usually, long rates are not this low until late in a tightening cycle. The bond market may be underestimating how much more tightening needs to be done.

Bush has insured a smooth transition with the least amount of disruption to Fed policy, ... That's what the market needed.

The bond market has been focused on looking for nuggets of weakness. But the payroll number could tip things the other way. Another strong number could start to change people's minds.

When you look back to what we had before Greenspan, we had a Fed that was much more controlled with information. He brought so much transparency to the job.

Inflation is still something to keep an eye on. The market has priced in a slowdown but if we do get a surprise on payroll day, we could see a sell-off in bonds.