Rates Spark: The Glass Half-Empty Trade
2025-02-26 01:30:00 ET
Summary
- The drivers of DOGE, Bessent and SLR have been added to in the guise of weaker consumer confidence and a ratchet down in expectations for the terminal rate.
- This market is now considering the possible downsides ahead.
- Can it last? Well, yes, for a bit.
- But we are constrained to the downside for yields, until or unless we seriously contemplate a recession of sorts.
By Padhraic Garvey, CFA & Michiel Tukker
US Treasuries find a way to see the glass half-empty version of the Trump cocktail
Read the full article on Seeking Alpha
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Rates Spark: The Glass Half-Empty TradeNASDAQ: VGSH
VGSH Trading
-0.15% G/L:
$58.185 Last:
1,336,052 Volume:
$58.20 Open:










