Could See a Reversal in Bonds, Says JPMorgan's Fitzsimmons

The video discusses the implications of the yield curve inversion, particularly the two-year and ten-year spread, and its historical association with recessions. It highlights the market's focus on inversion and the current economic environment influenced by the Fed's rate hikes. The bond market's recent movements and seasonal trends in Treasury prices are analyzed, with expectations of further Fed rate hikes into 2020. Despite market speculation, JP Morgan does not anticipate rate cuts soon, although there is a risk of slowing growth towards the end of the next year.

What factors are contributing to the current flattening of the yield curve?

What is the overall sentiment of the market regarding the potential for rate cuts in 2020?