Surveillance: ECB, BOE Lift Rates
Bloomberg Surveillance
00:00
What's Your Conviction Level?
I think what we have seen so far this year is everything rally. It has been an incredible rally in the bond market as well. Part of that was driven precisely as you said, Tom,. This short covering, short squeeze, and also this fear of missing out. If Jay Powell doesn't push back against this market as he did not yesterday, what's going to trigger some sort of reversal in what we're seeing right now?
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