Thursday, December 29, 2011

Morning Thread

Well, the Italians managed to sell a boatload of bonds but maybe not as much as they wanted to.  At least those that they sold were at lower rates than the last time out of the chute.  Yields then traded higher but have come back down as the day progressed.

We have the jobs number coming and it could move the markets if there is a surprise.  The more likely market movers continue to be Europe and Iran.  At least that's the way I see it.  Maybe it will be different after I get some more coffee.