“Almost every bond market participant was calling for an imminent recession, which helped justify an incredibly inverted yield curve. However, clearly economic data has come in stronger and stronger and caused a major rethink of that thesis.”
Chief Market Strategist Troy Gayeski joined Jonathan Ferro and Lisa Abramowicz on “Bloomberg Surveillance” to discuss what’s behind recent bond market movements.
He discussed the recent whipsaw in market expectations since November and where he sees potential opportunities moving forward.
Watch the video to hear more from Troy.