JPMorgan Sees Higher Treasury Yields Toward End of Year

The transcript discusses the recent trends in market positioning, particularly the unwinding of reflation trades and the dynamics of yield curves. It highlights the anticipation of a Fed on hold, leading to changes in yield curves, and the subsequent market reactions. The discussion also covers the fundamental perspectives on where the market should settle, focusing on technical levels and future yield projections. The transcript concludes with an outlook on economic indicators, inflation, and central bank policies, suggesting a potential rise in yields later in the year.

Discuss the significance of the 125 technical level for 10-year Treasuries.

What are the expectations for yields in the next three to six months according to the text?