The housing numbers were softer so we continue to grind higher here.

The second quarter at this point looks like it's going to come in, perhaps, at 1.5 to 2 percent (real GDP growth),

The second quarter at this point looks like it's going to come in, perhaps, at 1.5 to 2 percent (real GDP growth).

We are largely out of the woods with the June meeting.

We're seeing money flowing into the Treasury market. It's just a general flight to quality.

It's premature to start talking about the Fed being done. There's still too much (consumer) demand out there before they can call it quits.