Asks about market reaction to tariff news and why there was little move in 10-year Treasury yields on Friday.
Sam
Cooper Howard
Explains minimal Treasury move due to tariff narrative being 'a lot of the same' but introduces uncertainty about future implementation.
Asks what catalyst could move Treasury market given current pricing, specifically mentioning tariff refunds and deficit concerns.
Sam
Cooper Howard
States Treasury market moves based on inflation and economic outlook, not just tariff refunds.
Cooper Howard
Concludes there's probably a floor on how much lower Treasury yields can go due to inflation and economic strength.
Asks about renewed credit risk fears in markets, particularly private credit concerns.
Sam
Cooper Howard
Acknowledges jitters in credit markets but notes spreads haven't blown out, suggesting market isn't signaling major warning.
Asks biggest thing on radar this week for fixed income.
Sam
Cooper Howard
Watching for shifts in tariff narrative and Fed speakers for clarity on policy path.