Lori Spechler is a Senior Editor at CNBC responsible for booking and coverage of major market events. In addition, she has written for CNBC.com and NetNet on topics ranging from gold to the height of women's heels. Formerly a trader and market-maker in commodity options, her resume includes such infamous Wall Street names as AIG Trading Corp. and Drexel Burnham Lambert Trading Corp.
"Not as Negative" is the headline comment from banking analyst Mike Mayo following his meeting with Citigroup executives on Friday. Two years in the making, the meeting has sparked headlines and seems to have pushed the stock back over $4 per share.
Corporate bonds are registered securities—municipal bonds are not. That key distinction is meaningful as details of the new law are unraveled and especially meaningful in light of the controversy surrounding bond sales and the ratings agencies.
Is the world going back to a gold standard? Not really. But with central banks around the globe holding more gold in reserve, it certainly has people talking.
"At this point, you're sort of in a no man's land waiting for Friday's number," said Daniel Greenhaus, chief global strategist at BTIG.
The bond market has turned into a punching bag for big investors, but strategists don't see yields moving much higher for now.
Treasury yields, at the longer end of the curve, look set for a technical move higher.
Check out the companies making headlines after the bell Monday: Anadarko, Brinks, Tenet & more.
Patti Domm is CNBC Executive Editor, News, responsible for news coverage of the markets and economy.
A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.
Senior Producer at CNBC's Breaking News Desk.
Dominic Chu is a markets reporter for CNBC.