We're seeing a little bit of upward pressure on inflation but it's not yet enough to spark a big concern in the market.
David Keeble
The bond market doesn't like this post-Rita reaction. That's what started it today.
today market reaction bond
Bernanke is probably the best qualified.. He is very well known for his inflation targeting and that, I think, is the biggest change that most people see between the two governors.
change people inflation
There's talk of an earthquake in the Gulf of California. This is pushing bonds up.
talk california bonds
The speculators had driven this inversion, and suddenly a couple of weeks ago it started to go into reverse and it's just now accelerating at a very rapid pace and I think that's all it is.
The data on the real side of the economy supports rate hikes.
real data economy side
pressure market concern spark big inflation
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