The Trade Haze Thickens

The transcript discusses the volatility in treasury markets, driven by economic data and Fed policy. It highlights the impact of positioning and trade uncertainty on market dynamics. The role of the Fed and global trade stories are examined, with a focus on how these factors influence market rates and the yield curve. The discussion also touches on global flows and their effect on the back end of the yield curve.

In what ways might trade deals impact economic forecasts as discussed?

What are the potential implications of the Fed's actions on future interest rates?