Tracy gathers Matt Levine and Mike Mackenzie to discuss the basis trade trend, bond market selloff, reminiscences over Tokyo in the 90s, and more. They also joke about their experiences working in the industry and share insights on financial markets and past crises. The hosts also touch on trying out self-driving cars, their workdays, and regulators' response to the bond market activity. They wrap up with a mention of Joe's sickness, complaints, and an ad for public.com.