BLOOMBERG Bloomberg Real Yield July 14, 2024
The lack of bad news is probably good news. Kicking the can down the road will be just fine. We will end up with a stand still agreement. Not to disagree so violently that trade talks writedown. You get a reset to restart the discussions. We will continue talking. If things go bad, we could be panicking on monday. You get a lower market. Lets say there is an escalation. They storm away from the bargaining table. That that will probably cut by 50 basis points, not 25 in july. You dont need tenors to go away. Taylor joining me is ken taubes, david leduc, and coming from our Princeton Bureau is i...