Tuesday 8/26 - Fed's Fisher: Inflation Still Major Concern

Inflation Hawks Squawk early this AM with Richard Fisher, Dallas Fed President, saying economy will grow at a "snail's pace," however he is carrying the torch for the hawks showing there is still a division of opinion in the Fed as he values price stability over growth.  2-3 ticks of losses to MBS and treasuries, but we're still on PAR with "going out" levels from  yesterday.