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Buckle Up, it’s going to be a bumpy ride

NAB Morning Call

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Jerome Powell's View on the Fed's June Meeting

The theme when you look across the board of core global yields is actually a rising clock or use it for the week. Two-year Treasury notes were flat on Friday, but 10-year treasuries were up. So what does that tell us? Is that suggesting that even if there is a pause, it's not changing the expectation for the endgame at all? It is at the moment.

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