The market took the report in context -- which is that it is often distorted by aircraft orders. It didn't really ignite the bond bulls that the headline number was down so much.

Josh Stiles

Aircraft Context Distorted Market Orders Report Took

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The view is that the market could withstand a 25 basis point rate hike.

— Josh Stiles

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The bond market took this report as a sign that core inflation may be bottoming and the Fed may still be in the tightening business later this year.

— Cary Leahey

The bond market took this report as a sign that core inflation may be bottoming and the Fed may still be in the tightening business later this year,

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He took that all out of context. He just didn't understand the point I was making.

— Chris Welch

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The expected drop in aircraft orders is strictly month-to- month noise and does not have any impact on the outlook for growth.

— Brian Bethune

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