Doing. The one thing that has not rallied in this everything rally are long dated bond prices. Investors have been positioning for continued divergence in that correlation. We have had some better data recently. Inflation data did see a reversal of some of the weakness. A pretty positive environment for yields. We have seen an astronomical amount of data in this year. It is not in short dated treasuries, it is an longer dated. One of the most crowded markets is duration. You may be better off at the short end of the curve. If you get yields higher and equities higher, that is the pain trade. Jonathan joining me around the table to discuss is mike schumacher, kathy jones, and matthew hornbach. Kathy, lets begin with you. Maybe the biggest risk is the one in duration, not in credit. Thoughts . Kathy every once in a while they do ring the bell. I think with all of the easing, if we look back at previous quantitative easing cycles we have seen, we have seen the curve steepen and long rates
Doing. The one thing that has not rallied in this everything rally are long dated bond prices. Investors have been positioning for continued divergence in that correlation. We have had some better data recently. Inflation data did see a reversal of some of the weakness. A pretty positive environment for yields. We have seen an astronomical amount of money pouring in, and it is not in short dated treasuries, it is an longer dated. One of the most crowded markets is duration. You may be better off at the short end of the curve. If you get yields higher and equities higher, that is the pain trade. Jonathan joining me around the table to discuss is mike schumacher, kathy jones, and matthew hornbach. Kathy, lets begin with you. Maybe the biggest risk is the one in duration, not in credit. Kathy every once in a while they do ring the bell. I think with all of the easing, if we look back at previous quantitative easing cycles we have seen, we have seen the curve steepen and long rates move up
The Central Banks are doing. The one thing that has not rallied in this everything rally are long dated bond prices. Investors have been positioning for continued divergence in that correlation. We have had some better data recently. Inflation data did see a reversal of some of the weak ness. A pretty positive environment for yields. We have seen in at her number none in this year. It is not in short dated treasuries, it is an longer dated. One of the most crowded markets is duration. You may be better off at the short end of the curve. If you get yields higher and equities higher, that is the pain trade. Jonathan joining me around the table to discuss is mike schumacher, kathy jones, and matthew hornbach. Kathy, lets begin with you. A be the biggest risk is the one in duration, not in credit. Kathy every once in a while they do ring the bell. I think with all of the easing, if we look back at previous quantitative easing cycles we have seen, we have seen the curve steepen and long rat
The one thing that has not rallied in this everything rally are long dated bond prices. Investors have been positioning for continued divergence in that correlation. Yields are much higher than they were 48 hours ago. We have had some better data recently. Inflation data did see a reversal of some of the weakness. The fed has gotten dovish. It is not just the fed. The ecb remains on this dovish stance. Its a pretty positive environment for yields. We have seen an astronomical amount of money pouring in, and it is not in short dated treasuries, it is longer dated. One of the most credit trades in the market is high quality duration. If you look at yield curves, you may be better off at the short end of the curve. If you get yields higher and equities higher, that is the pain trade. Jonathan joining me around the table here in new york to discuss is Mike Schumacher from wells fargo, kathy jones from charles schwab, and Matthew Hornbach from morgan stanley. Kathy, lets begin with you. May
Police. 35 cars involved in a series of crashes at taledega. Jfk getting pet friendly so you can walk your dog inside the airport. Yeah. Nikkei better than 3 as the japanese yen surge against the dollar. Markets were closed for holiday. Pretty weak showings elsewhere. London markets closed for holiday but you have movie moving into equities. Take a look at the u. S. And what futures are telling us this morning. We are expecting a higher opening. At the end we get the big jobs number and that will set the markets tone. The dow industrial expect today open 20 points. With me this morning on the program Fox Business Network Dagen Mcdowell, trading partners michael and Fox News Contributor katherine. We have a cantmiss lineup this morning. Supermodel europe Kathy Ireland on Small Business and donald trump president ial Campaign Spokesperson katrina with us. Creg fravell. Do stay with us for a busy program. I want to kick it up with the campaign trail. Ted cruz and the nevertrump movement.