Barclays' Pond Doesn't Expect Surge in Bond Yields to Continue

The video discusses the unexpected rise in 10-year yields, which are attracting investors back into the market. Despite rising treasury yields, the dollar is moving in the opposite direction, a divergence influenced by inflation and Fed expectations. Inflation is expected to stabilize slightly above 2% on core CPI, with markets already pricing in this scenario. The Fed's potential rate hikes, supported by strong payroll and wage growth data, are also examined.

Discuss the relationship between treasury yields and the dollar as mentioned in the text.

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What is the significance of the recent payroll report in relation to wage growth?

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