Treasury Bull Trend Not Broken

The transcript discusses the uncertainty in rate strategy due to potential changes in Fed leadership, with a focus on Gary Cohen and Janet Yellen. It highlights concerns about vacancies on the Fed board, which may lead to increased politicization and operational challenges. The conversation also covers market trends, particularly the stability of the 10-year treasury yield, despite earlier predictions of a bull market end. Factors such as globalization and central bank transparency are noted as influences on the yield curve.

What challenges does the current administration face in moving forward with its agenda?

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Discuss the factors that have contributed to the current trend in the 10-year treasury yield.

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