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And what sort of a trading range are you talking about?
But the mark is well in the middle of its trading range over the last two years.
But short rates will probably stay in a trading range.
Stocks returned to their trading range of the last several weeks.
And the market will define the low at the end of the trading range.
"We think the market is in a trading range," she said.
So you will get into a trading range until these things clear up."
This means the market may be locked in a trading range for some time.
But that is not likely to move the yield into a higher trading range, they said.
That is well beyond what some economists think should be its natural trading range.
The strong move still leaves the bond in its current trading range.
For the last two weeks, the market has been stuck in a narrow trading range.
But that was still the higher yield since June and the top of the recent trading range.
So we're probably into some kind of wide trading range."
Only smaller moves within the established trading range are possible, they said.
The change that some officials would make involves these trading ranges.
"I think the stock goes into a trading range and is a market performer for the rest of the year," he said.
"At worst the long bond will remain in its current trading range."
"And with the Board essentially out of business, that means we are going to stay in a pretty narrow trading range."
"The trading range was similar to the first quarter in 1991.
Until then we will stay in a very narrow trading range."
As a consequence, interest rates are likely to remain in their current trading range, they said.
In that event, she forecasts a trading range between 1,700 and 2,250 over the next three months.
Similarly, the 1.80-mark rate is recognized as at the high end of the trading range.
"The averages will be in a trading range," he said.