Joseph Shatz
Joseph Shatz
camp data fed hiking moving yields
I'm still in the camp that yields are moving higher. As long as the data is strong, the Fed is going to keep hiking rates.
ammunition continue drifting expect fed gives jobs market raising shows strong yields
I expect yields to continue drifting higher. Anything that shows the jobs market is strong gives more ammunition to the Fed to keep raising rates.
chance cheapest duration environment securities
We're in an environment where shorter duration securities will be cheapest to deliver. It (the 30-year bond) does not have a chance of being the cheapest to deliver.