Asks Cooper to discuss the sticky 10-year yield range and outlook for next week's data.
Sam
Cooper Howard
Fixed income volatility is very muted (MOVE index at lowest since 2021) despite volatility in other markets.
Cooper Howard
Expects continued low volatility, a steeper yield curve, and a floor on further downside for longer-term yields.
Asks Cooper about watching Japan's election impact on bond markets.
Sam
Cooper Howard
U.S. yields could increase if Japanese Government Bond yields continue to rise.
Cooper Howard
Expects a floor on 10-year yields due to elevated term premium from ongoing market/economic instability.