+Vote!
MarketBeat (Free subscription) | 12/03/2008
... five months, it has, on average, been about 120,000 higher than the actual figure, according to Tony Crescenzi, chief bond market strategist at Miller Tabak. Meanwhile, the Institute for Supply Management’s twin surveys on the manufacturing and non-manufacturing sector both showed deterioration in its employment indexes, suggesting that fewer companies are actively hiring workers....
+Vote!
Forbes (Free subscription) | 12/02/2008
... Bernanke's comments shaved an extra 10 basis points off the 10-year Treasury note's yield, said Tony Crescenzi, chief bond-market strategist at Miller, Tabak.
+Vote!
The Street (Free subscription) | 11/26/2008
... left investors wondering why they should buy agency paper that had only an "implied" guarantee. Tony Crescenzi of RealMoney.com reports that the yield on Fannie Mae 30-year paper improved by more than 50 basis points, a huge move in the bond market. Fannie's 30-year bond has always been closely correlated to the interest rate on a 30-year mortgage. Theoretically, the rate on a 30-year...
+Vote!
Kansas City Star (Free subscription) | 11/25/2008
... security down 0.58 percentage points Tuesday, according to a note from Miller Tabak & Co. analyst Tony Crescenzi. He said that rate is closely correlated to mortgage rates, which have remained stubbornly high even after huge efforts by the government to loosen the tight credit markets.
Freddie Mac said last week that the average rate for 30-year mortgages was 6.04 percent, Crescenzi...
+Vote!
Star Tribune (Free subscription) | 11/25/2008
NEW YORK - Rates on Fannie Mae and Freddie Mac debt fell Tuesday — a promising sign that homeowners' mortgage rates could decline, too — after the Federal Reserve said it will buy up to $600 billion in mortgage-backed assets.The yield on Fannie's current 30-year mortgage-backed security fell 0.38 percentage points Tuesday, according to a note from Miller Tabak & Co. analyst Tony Crescenzi....
+Vote!
San Fransisco Chronicle (Free subscription) | 11/25/2008
The yield on Fannie's current 30-year mortgage-backed security fell 0.38 percentage points Tuesday, according to a note from Miller Tabak & Co. analyst Tony Crescenzi. He said that rate is closely correlated to mortgage rates, which have remained stubbornly high even after huge efforts by the government to loosen the tight credit markets.
+Vote!
Reuters (Free subscription) | 11/24/2008
... recession, when a record 6.86 million people were working part-time for economic reasons," said Tony Crescenzi, chief bond market strategist at Miller Tabak & Co in New York."The surge is of course a sign of the times: people are working part-time to make ends meet."Depending on the number of hours he works, Henderson can take home up to $180 a week for his three days at The Giant...
+Vote!
LA Times (Free subscription) | 11/22/2008
"Obama should get an ‘A’ for a quick rollout of his economic team," said Tony Crescenzi, bond market strategist at Miller, Tabak & Co. in New York. "What is needed now is for the team to be clear, concise, and show conviction about what they plan to do so as to bridge a gap between now and January when they take power."
+Vote!
The Street (Free subscription) | 11/20/2008
... data, having been numbed to the data by previous data and plentiful evidence of impending doom," Tony Crescenzi, chief bond market strategist for Miller Tabak, wrote on his RealMoney.com blog. Crescenzi said that investors will still have to wait for additional indications of the depth and severity of the downturn before determining that the market has discounted the worst...
+Vote!
The Street (Free subscription) | 11/14/2008
... Excluding autos, sales slumped 2.2%, also a record. Writing for his , bond market strategist Tony Crescenzi said that much of the declines could be attributed to a nearly 13% decline in sales at gas stations. He said that the data indicate another sharp drop in the personal-spending component GDP after a 3.1% decline in the third quarter.
+Vote!
The Street (Free subscription) | 11/14/2008
... Excluding autos, sales slumped 2.2%, also a record. Writing for his , bond market strategist Tony Crescenzi said that much of the declines could be attributed to a nearly 13% decline in sales at gas stations. He said that the data indicate another sharp drop in the personal-spending component GDP after a 3.1% decline in the third quarter. « Previous Page
+Vote!
The Street (Free subscription) | 11/14/2008
... Excluding autos, sales slumped 2.2%, also a record. Writing for his , bond market strategist Tony Crescenzi said that much of the declines could be attributed to a nearly 13% decline in sales at gas stations. He said that the data indicate another sharp drop in the personal-spending component GDP after a 3.1% decline in the third quarter. September business inventories declined 0.2%,...
+Vote!
The Street (Free subscription) | 11/14/2008
... Excluding autos, sales slumped 2.2%, also a record. Writing for his , bond market strategist Tony Crescenzi said that much of the declines could be attributed to a nearly 13% decline in sales at gas stations. He said that the data indicate another sharp drop in the personal-spending component GDP after a 3.1% decline in the third quarter. September business inventories declined 0.2%,...
+Vote!
kansascity.com (Free subscription) | 11/14/2008
... on Friday in three-month dollar Libor, according to a note from Miller Tabak & Co. analyst Tony Crescenzi.
Thursday's slight uptick "isn't alarming, but it is worth paying close attention to," said Kevin Giddis, managing director of fixed income at Morgan Keegan. "We'll have to watch it on a day-to-day basis."
He noted that the Treasury's announcement Wednesday that it...
+Vote!
Count Us Out (Free subscription) | 11/13/2008
“Job losses are now likely to run around 150k to 200k per month, with a few whopping declines now and then,” Tony Crescenzi, chief bond market strategist for Miller Tabak & Co. LLC wrote in a research note Thursday. Friday’s employment report will show job losses of at least 200,000, and could go as high as 250,000.