Carmignac Favors Shorter-Dated Treasury Notes

The video discusses the current disinflation trend and its implications on the U.S. economy, highlighting that while disinflation is present, the core CPI remains above the Fed's target. It also examines the impact of tariffs and other factors on inflation. The discussion shifts to U.S. Treasuries, suggesting a focus on the short part of the curve due to uncertainties and high economic activity. The video concludes with a strategic outlook on economic conditions and curve steepening.

What is the speaker's view on the short part of the curve in relation to U.S. Treasuries?

What uncertainties are mentioned regarding the U.S. economy?