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Maury Harris Quotes

The bond market has been moving on two things today: the movement of stocks and this speculation about the yuan. - Maury Harris

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Bond | Market | Moving | Today | Movement |

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In crafting today's FOMC statement, we believe Fed officials were undoubtedly influenced by the perception that mixed signals from the Fed, and possibly some loss of credibility, accounted for some of the recent surge in bond yields. - Maury Harris

You typically see a rebound in the labor force when the economy starts to recover. But because businesses are operating so much more efficiently, there's a limit to the number of jobs available. Unemployment could still go up a few ticks. - Maury Harris

In that context, he will lose credibility if he under-appreciates the extent to which (economic) growth is already weakening in response to earlier rate hikes. - Maury Harris

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